iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Get Free Report) was the recipient of unusually large options trading on Tuesday. Stock traders bought 16,879 put options on the stock. This represents an increase of approximately 51% compared to the average volume of 11,148 put options.
Institutional Trading of iShares MSCI USA Momentum Factor ETF
Institutional investors have recently made changes to their positions in the stock. Beacon Financial Advisory LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the first quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock worth $361,000 after purchasing an additional 36 shares during the last quarter. Caliber Wealth Management LLC KS raised its holdings in iShares MSCI USA Momentum Factor ETF by 0.4% during the 4th quarter. Caliber Wealth Management LLC KS now owns 9,680 shares of the company’s stock valued at $2,423,000 after buying an additional 39 shares during the last quarter. Traction Financial Partners LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 3.4% during the 4th quarter. Traction Financial Partners LLC now owns 1,206 shares of the company’s stock valued at $302,000 after buying an additional 40 shares during the period. Clark Capital Management Group Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 994 shares of the company’s stock valued at $249,000 after buying an additional 41 shares during the period. Finally, Lunt Capital Management Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 3.0% in the 4th quarter. Lunt Capital Management Inc. now owns 1,500 shares of the company’s stock worth $375,000 after acquiring an additional 43 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Performance
MTUM stock traded down $10.09 during trading on Tuesday, hitting $292.24. 1,309,148 shares of the company traded hands, compared to its average volume of 1,163,706. The firm has a market capitalization of $21.33 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59. The company has a 50-day moving average of $318.22 and a 200-day moving average of $280.64.
About iShares MSCI USA Momentum Factor ETF
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.
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