iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 10.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,797 shares of the company’s stock after acquiring an additional 617 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,378,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Arizona PSPRS Trust acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth $69,276,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after purchasing an additional 213,637 shares during the period. Symmetry Partners LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 62.7% during the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after purchasing an additional 208,691 shares during the period. Foster Group Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.1% during the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after purchasing an additional 205,017 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2,256.8% during the first quarter. Cetera Investment Advisers now owns 175,700 shares of the company’s stock worth $32,917,000 after purchasing an additional 168,245 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $208.41 on Friday. The stock has a fifty day moving average price of $203.65 and a 200 day moving average price of $195.22. 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 $11.29 billion, a PE 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.