Sigma Planning Corp raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 11.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 17,424 shares of the company’s stock after purchasing an additional 1,792 shares during the period. Sigma Planning Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,605,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of MTUM. Park Avenue Securities LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,055.4% during the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after buying an additional 463,387 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 140.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock valued at $87,961,000 after buying an additional 248,600 shares during the last quarter. Citigroup Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after buying an additional 234,524 shares during the last quarter. Foundations Investment Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 245.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock valued at $46,564,000 after buying an additional 159,916 shares during the last quarter. Finally, JB Capital LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $32,997,000.
iShares MSCI USA Momentum Factor ETF Stock Up 5.2 %
Shares of BATS:MTUM opened at $219.82 on Friday. 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 firm has a 50-day simple moving average of $216.56 and a 200 day simple moving average of $207.73. The company has a market cap of $11.90 billion, a PE ratio of 18.53 and a beta of 1.10.
iShares MSCI USA Momentum Factor ETF Company 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.
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