American Capital Advisory LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 137.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 850 shares of the company’s stock after buying an additional 492 shares during the quarter. American Capital Advisory LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $172,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. MinichMacGregor Wealth Management LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after acquiring an additional 63 shares in the last quarter. Tyche Wealth Partners LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.7% in the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock valued at $514,000 after buying an additional 66 shares in the last quarter. Eagle Strategies LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 2.6% in the third quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after acquiring an additional 77 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 16.8% during the third quarter. Bogart Wealth LLC now owns 541 shares of the company’s stock worth $110,000 after purchasing an additional 78 shares during the last quarter. Finally, Regal Investment Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.3% in the second quarter. Regal Investment Advisors LLC now owns 2,652 shares of the company’s stock valued at $517,000 after buying an additional 85 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Trading Up 1.7 %
Shares of BATS MTUM traded up $3.42 during midday trading on Wednesday, reaching $204.74. 995,076 shares of the company were exchanged. The stock has a fifty day simple moving average of $201.17 and a 200 day simple moving average of $193.80. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The stock has a market cap of $11.09 billion, a P/E 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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