Gries Financial LLC Purchases 48 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Gries Financial LLC raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,066 shares of the company’s stock after buying an additional 48 shares during the quarter. Gries Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $634,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MTUM. Assetmark Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 4.5% during the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares during the period. Cerity Partners LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after buying an additional 26,235 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.7% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after buying an additional 35,468 shares in the last quarter. FMR LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after acquiring an additional 73,442 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after purchasing an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $216.31 on Thursday. The firm has a market capitalization of $11.71 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company has a fifty day moving average price of $213.05 and a 200-day moving average price of $203.59.

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.