Rockefeller Capital Management L.P. raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 1.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 51,053 shares of the company’s stock after buying an additional 748 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $10,564,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of MTUM. Duncker Streett & Co. Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $30,000. Mainstream Capital Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Down 5.5 %
Shares of BATS MTUM opened at $197.39 on Thursday. The stock has a market cap of $13.59 billion, a PE ratio of 27.38 and a beta of 1.00. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77. The business has a 50-day moving average price of $207.11 and a 200 day moving average price of $209.88.
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.
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