D.A. Davidson & CO. Raises Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

D.A. Davidson & CO. grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 15.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,441 shares of the company’s stock after buying an additional 1,020 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,509,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Comerica Bank increased its holdings in iShares MSCI USA Momentum Factor ETF by 15.7% in the first quarter. Comerica Bank now owns 19,273 shares of the company’s stock valued at $3,611,000 after buying an additional 2,617 shares during the last quarter. Cetera Advisors LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 138.8% in the 1st quarter. Cetera Advisors LLC now owns 25,551 shares of the company’s stock valued at $4,787,000 after acquiring an additional 14,851 shares during the last quarter. HBW Advisory Services LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 82.6% in the 2nd quarter. HBW Advisory Services LLC now owns 4,162 shares of the company’s stock valued at $811,000 after acquiring an additional 1,883 shares during the last quarter. Quent Capital LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 12.5% during the 2nd quarter. Quent Capital LLC now owns 7,310 shares of the company’s stock worth $1,424,000 after acquiring an additional 811 shares in the last quarter. Finally, Insight Wealth Strategies LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1.2% during the second quarter. Insight Wealth Strategies LLC now owns 135,028 shares of the company’s stock worth $26,313,000 after purchasing an additional 1,543 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $216.52 on Friday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The firm’s 50 day moving average is $207.70 and its two-hundred day moving average is $197.75. The firm has a market capitalization of $11.72 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.