Icon Wealth Advisors LLC Purchases 9,763 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Icon Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 759.8% in the third quarter, Holdings Channel reports. The fund owned 11,048 shares of the company’s stock after purchasing an additional 9,763 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,240,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Signaturefd LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the period. Benjamin F. Edwards & Company Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares in the last quarter. Cetera Advisor Networks LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 8.8% during the first quarter. Cetera Advisor Networks LLC now owns 126,486 shares of the company’s stock valued at $23,697,000 after purchasing an additional 10,257 shares during the period. Unison Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF by 8.2% in the second quarter. Unison Advisors LLC now owns 22,170 shares of the company’s stock worth $4,320,000 after buying an additional 1,688 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after acquiring an additional 213,637 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 0.5 %

BATS MTUM opened at $214.93 on Friday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market cap of $11.64 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The company’s 50 day moving average is $205.64 and its two-hundred day moving average is $196.35.

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.