5,792 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, Holdings Channel.com reports. The firm acquired 5,792 shares of the company’s stock, valued at approximately $1,198,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 91.7% during the 2nd quarter. Bank of Montreal Can now owns 2,573 shares of the company’s stock valued at $502,000 after purchasing an additional 1,231 shares during the period. Marshall Wace LLP grew its holdings in iShares MSCI USA Momentum Factor ETF by 253.6% during the 2nd quarter. Marshall Wace LLP now owns 24,753 shares of the company’s stock valued at $4,824,000 after buying an additional 17,753 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $253,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock worth $39,586,000 after buying an additional 4,802 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 79.0% in the second quarter. NewEdge Advisors LLC now owns 26,354 shares of the company’s stock valued at $5,136,000 after acquiring an additional 11,633 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 2.3 %

Shares of BATS:MTUM opened at $213.85 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market cap of $11.58 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50 day moving average of $212.86 and a 200 day moving average of $203.36.

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.