iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by JB Capital LLC

JB Capital LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 65.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 276,924 shares of the company’s stock after purchasing an additional 109,347 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 2.8% of JB Capital LLC’s holdings, making the stock its 10th biggest holding. JB Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $69,317,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Sovran Advisors LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 25.3% in the 4th quarter. Sovran Advisors LLC now owns 21,115 shares of the company’s stock valued at $5,431,000 after purchasing an additional 4,260 shares during the last quarter. Savvy Advisors Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 5.5% during the 4th quarter. Savvy Advisors Inc. now owns 99,237 shares of the company’s stock valued at $24,840,000 after buying an additional 5,192 shares during the period. Whalen Wealth Management Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 24.3% during the 4th quarter. Whalen Wealth Management Inc. now owns 1,165 shares of the company’s stock valued at $292,000 after buying an additional 228 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 5.4% in the fourth quarter. Stratos Wealth Advisors LLC now owns 18,612 shares of the company’s stock valued at $4,659,000 after acquiring an additional 951 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in iShares MSCI USA Momentum Factor ETF by 79.2% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 97,688 shares of the company’s stock valued at $24,452,000 after acquiring an additional 43,180 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $245.85 on Friday. The stock has a 50 day moving average of $249.49 and a 200 day moving average of $251.40. The firm has a market capitalization of $17.95 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $171.51 and a fifty-two week high of $262.10.

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