iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.7% during the second quarter, Holdings Channel reports. The firm owned 6,895 shares of the company’s stock after acquiring an additional 551 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,657,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of MTUM. Bison Wealth LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after purchasing an additional 133 shares during the period. Trust Co. of Vermont raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 13.9% during the first quarter. Trust Co. of Vermont now owns 411 shares of the company’s stock worth $83,000 after purchasing an additional 50 shares during the period. Jaffetilchin Investment Partners LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth $245,000. Money Concepts Capital Corp raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the first quarter. Money Concepts Capital Corp now owns 2,767 shares of the company’s stock worth $559,000 after purchasing an additional 116 shares during the period. Finally, Golden State Wealth Management LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.7% during the first quarter. Golden State Wealth Management LLC now owns 4,953 shares of the company’s stock worth $1,001,000 after purchasing an additional 265 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS:MTUM opened at $255.50 on Monday. The stock has a market capitalization of $18.65 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The company’s fifty day moving average is $250.97 and its two-hundred day moving average is $236.08.

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.