Peddock Capital Advisors LLC Has $3.19 Million Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Peddock Capital Advisors LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 15,429 shares of the company’s stock after purchasing an additional 866 shares during the quarter. Peddock Capital Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,193,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after acquiring an additional 213,637 shares in the last quarter. Assetmark Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after purchasing an additional 72,891 shares during the period. Cerity Partners LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% during the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after buying an additional 26,235 shares during the period. FMR LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 12.2% in the third quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after buying an additional 73,442 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock valued at $125,668,000 after buying an additional 11,968 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Down 1.4 %

Shares of BATS:MTUM traded down $2.88 during midday trading on Monday, reaching $206.90. 1,026,117 shares of the company were exchanged. The firm has a market cap of $11.20 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The stock has a fifty day simple moving average of $211.56 and a two-hundred day simple moving average of $202.07.

iShares MSCI USA Momentum Factor ETF Profile

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.