SG Americas Securities LLC Takes $1.21 Million Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SG Americas Securities LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,000 shares of the company’s stock, valued at approximately $1,213,000.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 58.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 12,608,593 shares of the company’s stock valued at $2,608,970,000 after purchasing an additional 4,651,707 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth about $574,824,000. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 215.4% in the fourth quarter. LPL Financial LLC now owns 1,954,637 shares of the company’s stock worth $404,454,000 after acquiring an additional 1,334,851 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 204.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,128,104 shares of the company’s stock worth $233,427,000 after acquiring an additional 758,024 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5,196.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 689,435 shares of the company’s stock worth $142,658,000 after acquiring an additional 676,419 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $231.63 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $234.78. The business has a 50-day moving average of $217.78 and a two-hundred day moving average of $213.78. The company has a market capitalization of $16.98 billion, a P/E ratio of 28.96 and a beta of 1.02.

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.