ORG Partners LLC Acquires New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ORG Partners LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,684 shares of the company’s stock, valued at approximately $914,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock worth $1,120,677,000 after purchasing an additional 229,231 shares in the last quarter. Sculati Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $201,000. Traction Financial Partners LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $323,000. Franklin Resources Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 38.3% in the fourth quarter. Franklin Resources Inc. now owns 59,950 shares of the company’s stock valued at $9,406,000 after acquiring an additional 16,611 shares in the last quarter. Finally, Simplicity Solutions LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $572,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.8 %

BATS:MTUM traded up $1.51 during trading hours on Thursday, hitting $190.67. The company’s stock had a trading volume of 442,740 shares. The stock has a market capitalization of $10.32 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock has a fifty day moving average of $192.16 and a 200-day moving average of $185.89. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60.

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.