iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Position Increased by Money Concepts Capital Corp

Money Concepts Capital Corp boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 55.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,651 shares of the company’s stock after buying an additional 945 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $548,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Park Avenue Securities LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,055.4% in the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after acquiring an additional 463,387 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 140.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock valued at $87,961,000 after purchasing an additional 248,600 shares during the period. Citigroup Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 1,266.9% in the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after purchasing an additional 234,524 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 245.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock worth $46,564,000 after buying an additional 159,916 shares during the period. Finally, JB Capital LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at about $32,997,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $226.03 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company has a 50-day moving average of $213.74 and a two-hundred day moving average of $204.54. The stock has a market cap of $12.24 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.