Alpha DNA Investment Management LLC Makes New $41,000 Investment in iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

Alpha DNA Investment Management LLC bought a new position in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) during the 1st quarter, Holdings Channel.com reports. The firm bought 258 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in MTUM. Intelligence Driven Advisers LLC lifted its holdings in iShares Edge MSCI USA Momentum Factor ETF by 32.5% during the 4th quarter. Intelligence Driven Advisers LLC now owns 127,444 shares of the company’s stock worth $20,555,000 after buying an additional 31,294 shares during the period. Comerica Bank lifted its stake in shares of iShares Edge MSCI USA Momentum Factor ETF by 6.3% in the 4th quarter. Comerica Bank now owns 2,852 shares of the company’s stock valued at $487,000 after purchasing an additional 168 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of iShares Edge MSCI USA Momentum Factor ETF by 90.2% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 11,939 shares of the company’s stock valued at $1,926,000 after purchasing an additional 5,662 shares during the period. DB Wealth Management Group LLC acquired a new position in shares of iShares Edge MSCI USA Momentum Factor ETF in the 4th quarter valued at about $79,000. Finally, Marshall Financial Group Inc. ADV lifted its stake in shares of iShares Edge MSCI USA Momentum Factor ETF by 9.9% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 13,628 shares of the company’s stock valued at $2,198,000 after purchasing an additional 1,230 shares during the period.

Shares of BATS:MTUM opened at $170.00 on Friday. The company has a 50-day simple moving average of $169.16. iShares Edge MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

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Institutional Ownership by Quarter for iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

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