Acropolis Investment Management LLC Acquires 48 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Acropolis Investment Management LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.0% during the third quarter, HoldingsChannel reports. The firm owned 123,783 shares of the company’s stock after buying an additional 48 shares during the period. iShares MSCI USA Momentum Factor ETF comprises 1.5% of Acropolis Investment Management LLC’s portfolio, making the stock its 13th biggest holding. Acropolis Investment Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $25,098,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortitude Family Office LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Signaturefd LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the period. Abich Financial Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $33,000. Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at approximately $43,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $48,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.6 %

Shares of MTUM opened at $216.52 on Friday. The company has a market capitalization of $11.72 billion, a PE ratio of 18.53 and a beta of 1.10. The business’s 50 day moving average is $207.70 and its 200 day moving average is $197.66. 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

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.