Signature Estate & Investment Advisors LLC Buys 66 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Signature Estate & Investment Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,140 shares of the company’s stock after buying an additional 66 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,259,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arizona PSPRS Trust bought a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $69,276,000. Mercer Global Advisors Inc. ADV increased its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after purchasing an additional 213,637 shares in the last quarter. Symmetry Partners LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 62.7% during the 2nd quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after purchasing an additional 208,691 shares in the last quarter. Foster Group Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 281.1% in the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after purchasing an additional 205,017 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2,256.8% during the first quarter. Cetera Investment Advisers now owns 175,700 shares of the company’s stock worth $32,917,000 after purchasing an additional 168,245 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 1.0 %

Shares of MTUM stock opened at $209.78 on Friday. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. 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 $203.26 and its 200-day moving average is $195.12.

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.