Caprock Group LLC Buys New Shares in iShares MSCI USA Momentum Factor ETF $MTUM

Caprock Group LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,470 shares of the company’s stock, valued at approximately $3,283,000.

A number of other large investors have also recently added to or reduced their stakes in MTUM. Sanchez Wealth Management Group increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.7% during the 3rd quarter. Sanchez Wealth Management Group now owns 116,745 shares of the company’s stock worth $29,939,000 after purchasing an additional 4,198 shares during the last quarter. Stratos Wealth Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1.2% during the third quarter. Stratos Wealth Advisors LLC now owns 17,661 shares of the company’s stock worth $4,529,000 after purchasing an additional 208 shares during the period. BridgePort Financial Solutions LLC increased its position in iShares MSCI USA Momentum Factor ETF by 3.9% during the third quarter. BridgePort Financial Solutions LLC now owns 3,935 shares of the company’s stock worth $1,009,000 after buying an additional 146 shares during the last quarter. Midwest Trust Co raised its stake in iShares MSCI USA Momentum Factor ETF by 22.9% in the third quarter. Midwest Trust Co now owns 1,346 shares of the company’s stock valued at $345,000 after buying an additional 251 shares during the period. Finally, Integrity Financial Corp WA raised its stake in iShares MSCI USA Momentum Factor ETF by 14.4% in the third quarter. Integrity Financial Corp WA now owns 800 shares of the company’s stock valued at $205,000 after buying an additional 101 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 0.0%

Shares of BATS MTUM opened at $255.15 on Thursday. The company has a market capitalization of $18.63 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12 month low of $171.51 and a 12 month high of $262.10. The stock has a 50 day moving average of $254.20 and a 200-day moving average of $250.83.

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.