Orion Portfolio Solutions LLC Acquires 4,822 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Orion Portfolio Solutions LLC grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 18.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 30,899 shares of the company’s stock after purchasing an additional 4,822 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,828,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Baker Avenue Asset Management LP boosted its position in iShares MSCI USA Momentum Factor ETF by 46.8% in the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock valued at $39,000 after buying an additional 89 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.5% during the 4th quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock valued at $39,000 after acquiring an additional 183 shares in the last quarter. Provence Wealth Management Group bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $54,000. Signature Resources Capital Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $74,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 83.4% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after purchasing an additional 262 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.0 %

Shares of MTUM stock opened at $190.59 on Monday. The firm has a market capitalization of $10.32 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business’s 50-day moving average price is $184.10 and its 200-day moving average price is $171.05. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

About iShares MSCI USA Momentum Factor ETF

(Free Report)

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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