GAMMA Investing LLC Grows Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

GAMMA Investing LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 45.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 216 shares of the company’s stock after purchasing an additional 67 shares during the period. GAMMA Investing LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $52,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bison Wealth LLC raised its position in iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after purchasing an additional 133 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 244.4% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 682 shares of the company’s stock worth $138,000 after buying an additional 484 shares during the last quarter. Ehrlich Financial Group grew its position in iShares MSCI USA Momentum Factor ETF by 1.4% during the 1st quarter. Ehrlich Financial Group now owns 8,148 shares of the company’s stock worth $1,647,000 after purchasing an additional 109 shares during the last quarter. Sovereign Financial Group Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.3% in the first quarter. Sovereign Financial Group Inc. now owns 4,426 shares of the company’s stock valued at $895,000 after acquiring an additional 100 shares in the last quarter. Finally, ONE Advisory Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 3.5% during the first quarter. ONE Advisory Partners LLC now owns 19,899 shares of the company’s stock worth $4,022,000 after acquiring an additional 668 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 21.6%

MTUM stock opened at $254.15 on Friday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week high of $240.99. The company’s 50-day moving average price is $247.84 and its 200 day moving average price is $229.67. The company has a market cap of $18.55 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.