Capital Investment Advisors LLC Acquires 3,172 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Capital Investment Advisors LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 43.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,450 shares of the company’s stock after acquiring an additional 3,172 shares during the period. Capital Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,616,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Dagco Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $25,000. Triumph Capital Management purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth about $25,000. TFC Financial Management Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth about $28,000. United Financial Planning Group LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $28,000. Finally, Howe & Rusling Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 425.0% in the 3rd quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock worth $32,000 after purchasing an additional 102 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Down 1.0%

Shares of MTUM opened at $235.76 on Friday. The business’s 50-day moving average price is $250.90 and its 200-day moving average price is $251.83. iShares MSCI USA Momentum Factor ETF has a twelve month low of $171.51 and a twelve month high of $262.10. The stock has a market cap of $17.21 billion, a PE ratio of 28.67 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.