Cerity Partners LLC Has $217.75 Million Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Cerity Partners LLC increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,907 shares of the company’s stock after acquiring an additional 26,235 shares during the period. Cerity Partners LLC owned about 1.98% of iShares MSCI USA Momentum Factor ETF worth $217,745,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $33,000. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares in the last quarter. Wellington Shields & Co. LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $42,000. Finally, Capital Performance Advisors LLP bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.5 %

MTUM stock opened at $214.93 on Friday. The firm has a market cap of $11.64 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a 50 day moving average of $206.00 and a 200-day moving average of $196.56. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.