Arizona PSPRS Trust Acquires 7,115 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Arizona PSPRS Trust increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 362,613 shares of the company’s stock after purchasing an additional 7,115 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 2.9% of Arizona PSPRS Trust’s portfolio, making the stock its 7th biggest position. Arizona PSPRS Trust’s holdings in iShares MSCI USA Momentum Factor ETF were worth $73,523,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fortitude Family Office LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $33,000. Signaturefd LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares during the period. Capital Performance Advisors LLP acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $48,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

BATS:MTUM opened at $216.52 on Monday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The company has a fifty day simple moving average of $207.70 and a two-hundred day simple moving average of $197.81. The company has a market cap of $11.72 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.