Aspire Private Capital LLC Has $692,000 Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Aspire Private Capital LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 134.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,346 shares of the company’s stock after purchasing an additional 1,916 shares during the quarter. Aspire Private Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $692,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTUM. Park Avenue Securities LLC increased its holdings in 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 purchasing an additional 463,387 shares in the last quarter. Citigroup Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% in the third 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. Sanctuary Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 455.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock worth $33,952,000 after buying an additional 129,521 shares in the last quarter. FMR LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 12.2% during the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after acquiring an additional 73,442 shares during the last quarter. Finally, Assetmark Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 5.6 %

Shares of MTUM stock opened at $220.73 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm’s 50 day moving average is $211.92 and its 200-day moving average is $202.73. The firm has a market capitalization of $11.95 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.