iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 484.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,920 shares of the company’s stock after acquiring an additional 105,207 shares during the quarter. Jane Street Group LLC owned about 0.23% of iShares MSCI USA Momentum Factor ETF worth $23,778,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. B. Riley Wealth Advisors Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 38.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 8,239 shares of the company’s stock valued at $1,544,000 after purchasing an additional 2,285 shares during the period. Dynasty Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at $1,070,000. Sweeney & Michel LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at $1,925,000. Prudent Investors Network Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at $14,579,000. Finally, Oxford Wealth Group LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at $2,803,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM traded up $6.01 during trading on Thursday, reaching $190.97. The company’s stock had a trading volume of 1,345,378 shares. The firm has a market cap of $10.34 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business’s fifty day moving average price is $193.34 and its 200-day moving average price is $184.56. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.