iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by Eq LLC

Eq LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2,474.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,489 shares of the company’s stock after acquiring an additional 24,499 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 2.5% of Eq LLC’s investment portfolio, making the stock its 13th biggest holding. Eq LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,274,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Gries Financial LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after acquiring an additional 48 shares in the last quarter. LongView Wealth Management raised its stake in iShares MSCI USA Momentum Factor ETF by 2.0% during the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after purchasing an additional 54 shares during the period. MGB Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.7% in the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after purchasing an additional 56 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 0.8% in the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after buying an additional 57 shares during the period. Finally, Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.8% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after buying an additional 59 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 3.8 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $216.93 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company has a market cap of $15.56 billion, a P/E ratio of 28.87 and a beta of 0.98. The stock has a 50-day moving average price of $216.68 and a 200 day moving average price of $208.63.

About iShares MSCI USA Momentum Factor ETF

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.