4,900 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,900 shares of the company’s stock, valued at approximately $918,000.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 3.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock worth $1,120,677,000 after buying an additional 229,231 shares in the last quarter. Assetmark Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 3.9% in the 4th quarter. Assetmark Inc. now owns 1,646,261 shares of the company’s stock worth $258,282,000 after buying an additional 61,978 shares in the last quarter. Blue Trust Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 20.1% in the first quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock valued at $232,257,000 after acquiring an additional 207,306 shares in the last quarter. CWM LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 9.3% in the fourth quarter. CWM LLC now owns 1,134,217 shares of the company’s stock worth $177,947,000 after acquiring an additional 96,845 shares during the period. Finally, Savant Capital LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 10.0% during the 4th quarter. Savant Capital LLC now owns 1,108,786 shares of the company’s stock valued at $173,957,000 after purchasing an additional 100,463 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM traded up $2.48 during trading on Friday, reaching $188.09. 486,115 shares of the company traded hands. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm has a fifty day simple moving average of $193.40 and a 200 day simple moving average of $183.96. The company has a market cap of $10.19 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.