Marino Stram & Associates LLC Grows Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Marino Stram & Associates LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,254 shares of the company’s stock after purchasing an additional 536 shares during the period. Marino Stram & Associates LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,294,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MTUM. Fortitude Family Office LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after buying an additional 113 shares during the period. Abich Financial Wealth Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth about $33,000. Signaturefd LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth about $43,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $222.02 on Thursday. The company has a 50-day simple moving average of $212.09 and a 200-day simple moving average of $202.89. The firm has a market capitalization of $12.02 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

iShares MSCI USA Momentum Factor ETF 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.