iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Hits New 52-Week High at $185.93

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) hit a new 52-week high during trading on Monday . The company traded as high as $185.93 and last traded at $180.77, with a volume of 1192131 shares changing hands. The stock had previously closed at $183.90.

iShares MSCI USA Momentum Factor ETF Stock Down 1.4 %

The stock has a 50-day moving average of $183.36 and a 200 day moving average of $162.74. The stock has a market cap of $9.84 billion, a PE ratio of 19.19 and a beta of 1.10.

Institutional Investors Weigh In On iShares MSCI USA Momentum Factor ETF

Large investors have recently bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1,777.3% in the fourth quarter. Captrust Financial Advisors now owns 1,744,129 shares of the company’s stock valued at $254,521,000 after acquiring an additional 1,651,221 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of iShares MSCI USA Momentum Factor ETF by 7.8% during the 1st quarter. Mercer Global Advisors Inc. ADV now owns 5,770,484 shares of the company’s stock worth $802,328,000 after purchasing an additional 416,979 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock worth $965,864,000 after purchasing an additional 277,017 shares during the last quarter. BlackRock Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 17.7% in the 2nd quarter. BlackRock Inc. now owns 1,256,689 shares of the company’s stock valued at $181,277,000 after buying an additional 188,883 shares during the period. Finally, Invst LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $24,213,000.

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.