Jmac Enterprises LLC Purchases 2,024 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Jmac Enterprises LLC increased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 65,581 shares of the company’s stock after buying an additional 2,024 shares during the period. iShares MSCI USA Momentum Factor ETF comprises approximately 2.1% of Jmac Enterprises LLC’s investment portfolio, making the stock its 9th biggest holding. Jmac Enterprises LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $13,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTUM. Assetmark Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares during the period. Cerity Partners LLC grew its position 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 purchasing an additional 26,235 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.7% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock valued at $206,089,000 after buying an additional 35,468 shares during the last quarter. FMR LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd 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 during the period. Finally, LPL Financial LLC boosted its stake 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 worth $125,668,000 after buying an additional 11,968 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 8.1 %

iShares MSCI USA Momentum Factor ETF stock opened at $225.91 on Wednesday. The business’s 50-day moving average price is $214.37 and its 200 day moving average price is $205.39. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week 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.