ONE Advisory Partners LLC Purchases 17,965 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ONE Advisory Partners LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1,419.0% during the fourth quarter, Holdings Channel reports. The firm owned 19,231 shares of the company’s stock after acquiring an additional 17,965 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 1.8% of ONE Advisory Partners LLC’s holdings, making the stock its 16th largest holding. ONE Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can grew its stake in iShares MSCI USA Momentum Factor ETF by 91.7% in the 2nd quarter. Bank of Montreal Can now owns 2,573 shares of the company’s stock valued at $502,000 after purchasing an additional 1,231 shares during the period. Marshall Wace LLP grew its position in iShares MSCI USA Momentum Factor ETF by 253.6% during the second quarter. Marshall Wace LLP now owns 24,753 shares of the company’s stock valued at $4,824,000 after buying an additional 17,753 shares during the period. Abich Financial Wealth Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $33,000. AQR Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter worth about $253,000. Finally, Dark Forest Capital Management LP boosted its stake in iShares MSCI USA Momentum Factor ETF by 212.6% in the second quarter. Dark Forest Capital Management LP now owns 7,039 shares of the company’s stock valued at $1,372,000 after acquiring an additional 4,787 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 7.0 %

Shares of MTUM stock opened at $223.65 on Friday. The firm has a market cap of $12.11 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50 day moving average of $212.29 and a 200-day moving average of $203.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month 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.