iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Capital Investment Advisors LLC

Capital Investment Advisors LLC boosted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 58.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,278 shares of the company’s stock after acquiring an additional 2,685 shares during the quarter. Capital Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,866,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bison Wealth LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% during the 4th 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. Empowered Funds LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $2,488,000. Integrity Alliance LLC. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 74.1% during the 1st quarter. Integrity Alliance LLC. now owns 2,557 shares of the company’s stock worth $517,000 after acquiring an additional 1,088 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 9.9% during the first quarter. Geneos Wealth Management Inc. now owns 12,732 shares of the company’s stock worth $2,573,000 after purchasing an additional 1,149 shares during the last quarter. Finally, Modern Wealth Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 31.3% during the first quarter. Modern Wealth Management LLC now owns 7,735 shares of the company’s stock worth $1,564,000 after purchasing an additional 1,843 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 23.0%

MTUM stock opened at $257.15 on Friday. The stock has a market cap of $18.77 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The company’s 50 day moving average is $249.98 and its two-hundred day moving average is $247.89.

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.