Blue Trust Inc. Grows Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Blue Trust Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,242,390 shares of the company’s stock after acquiring an additional 108,825 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 3.5% of Blue Trust Inc.’s holdings, making the stock its 13th biggest position. Blue Trust Inc. owned approximately 1.70% of iShares MSCI USA Momentum Factor ETF worth $310,983,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aspire Private Capital LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 10.2% in the fourth quarter. Aspire Private Capital LLC now owns 3,662 shares of the company’s stock valued at $917,000 after purchasing an additional 339 shares during the period. SWP Financial LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 63.1% during the fourth quarter. SWP Financial LLC now owns 15,151 shares of the company’s stock worth $3,792,000 after purchasing an additional 5,861 shares during the period. RHS Financial LLC grew its position in iShares MSCI USA Momentum Factor ETF by 6.0% in the 4th quarter. RHS Financial LLC now owns 26,539 shares of the company’s stock valued at $6,643,000 after buying an additional 1,514 shares during the last quarter. RCS Financial Planning LLC grew its position in iShares MSCI USA Momentum Factor ETF by 55.1% in the 4th quarter. RCS Financial Planning LLC now owns 6,484 shares of the company’s stock valued at $1,623,000 after buying an additional 2,303 shares during the last quarter. Finally, Nilsine Partners LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 2.9% in the 4th quarter. Nilsine Partners LLC now owns 9,407 shares of the company’s stock valued at $2,355,000 after buying an additional 263 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $245.24 on Thursday. The stock has a market capitalization of $17.90 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $171.51 and a 1 year high of $262.10. The company’s fifty day moving average is $249.89 and its two-hundred day moving average is $251.51.

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.