iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Symmetry Partners LLC

Symmetry Partners LLC grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 220,864 shares of the company’s stock after purchasing an additional 15,774 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises approximately 6.5% of Symmetry Partners LLC’s holdings, making the stock its 3rd largest holding. Symmetry Partners LLC owned 0.30% of iShares MSCI USA Momentum Factor ETF worth $53,078,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Bison Wealth LLC boosted its holdings in 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 buying an additional 133 shares during the last quarter. Mascagni Wealth Management Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $29,000. AdvisorNet Financial Inc increased its stake in iShares MSCI USA Momentum Factor ETF by 156.0% in the first quarter. AdvisorNet Financial Inc now owns 558 shares of the company’s stock valued at $113,000 after purchasing an additional 340 shares in the last quarter. GAMMA Investing LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 17,512.3% in the first quarter. GAMMA Investing LLC now owns 30,117 shares of the company’s stock worth $6,088,000 after purchasing an additional 29,946 shares during the period. Finally, Retirement Wealth Solutions LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 33.1% during the first quarter. Retirement Wealth Solutions LLC now owns 3,157 shares of the company’s stock worth $638,000 after purchasing an additional 785 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $254.65 on Friday. The stock has a 50 day simple moving average of $246.25 and a 200 day simple moving average of $227.76. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99. The firm has a market capitalization of $18.59 billion, a PE ratio of 28.67 and a beta of 1.02.

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.