Jones Financial Companies Lllp Buys 24,496 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Jones Financial Companies Lllp boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,138 shares of the company’s stock after acquiring an additional 24,496 shares during the quarter. Jones Financial Companies Lllp owned 0.22% of iShares MSCI USA Momentum Factor ETF worth $41,290,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MTUM. Acropolis Investment Management LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 4.5% during the 3rd quarter. Acropolis Investment Management LLC now owns 134,659 shares of the company’s stock valued at $32,361,000 after purchasing an additional 5,813 shares during the period. Strategic Blueprint LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 18.9% during the third quarter. Strategic Blueprint LLC now owns 30,074 shares of the company’s stock worth $7,713,000 after buying an additional 4,790 shares during the last quarter. Advocacy Wealth Management Services LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 5.7% in the second quarter. Advocacy Wealth Management Services LLC now owns 88,416 shares of the company’s stock valued at $21,248,000 after buying an additional 4,752 shares during the period. Beacon Financial Group boosted its stake in iShares MSCI USA Momentum Factor ETF by 11.0% in the third quarter. Beacon Financial Group now owns 22,212 shares of the company’s stock valued at $5,696,000 after acquiring an additional 2,203 shares during the last quarter. Finally, FLP Wealth Management LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 753.1% in the third quarter. FLP Wealth Management LLC now owns 12,566 shares of the company’s stock valued at $3,223,000 after acquiring an additional 11,093 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $258.36 on Tuesday. The firm has a fifty day moving average of $253.54 and a two-hundred day moving average of $250.26. The stock has a market capitalization of $18.86 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week high of $240.99.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.