Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $206.09 Million Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 995,986 shares of the company’s stock after purchasing an additional 35,468 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises 5.6% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s portfolio, making the stock its biggest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned about 1.84% of iShares MSCI USA Momentum Factor ETF worth $206,089,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Bank of Montreal Can lifted its stake in iShares MSCI USA Momentum Factor ETF by 91.7% in the second quarter. Bank of Montreal Can now owns 2,573 shares of the company’s stock worth $502,000 after purchasing an additional 1,231 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 253.6% in the second quarter. Marshall Wace LLP now owns 24,753 shares of the company’s stock worth $4,824,000 after buying an additional 17,753 shares during the period. AQR Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth approximately $253,000. Forefront Analytics LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1.0% during the 2nd quarter. Forefront Analytics LLC now owns 35,342 shares of the company’s stock valued at $6,888,000 after acquiring an additional 338 shares during the period. Finally, Magnolia Capital Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF by 293.2% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 24,842 shares of the company’s stock valued at $4,841,000 after acquiring an additional 18,524 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 6.7 %

MTUM stock opened at $222.97 on Monday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market cap of $12.07 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business’s fifty day simple moving average is $212.86 and its two-hundred day simple moving average is $203.35.

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.