Mather Group LLC. Increases Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Mather Group LLC. increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 317.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,608 shares of the company’s stock after acquiring an additional 1,983 shares during the quarter. Mather Group LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $540,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vantage Point Financial LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $448,000. GDS Wealth Management increased its holdings in iShares MSCI USA Momentum Factor ETF by 7.9% during the 4th quarter. GDS Wealth Management now owns 2,265 shares of the company’s stock valued at $469,000 after acquiring an additional 166 shares in the last quarter. Marshall Financial Group Inc. ADV increased its holdings in iShares MSCI USA Momentum Factor ETF by 43.0% during the 4th quarter. Marshall Financial Group Inc. ADV now owns 10,677 shares of the company’s stock valued at $2,209,000 after acquiring an additional 3,212 shares in the last quarter. Prudent Investors Network Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 5.0% during the 4th quarter. Prudent Investors Network Inc. now owns 81,866 shares of the company’s stock valued at $16,940,000 after acquiring an additional 3,885 shares in the last quarter. Finally, JB Capital LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $32,997,000.

iShares MSCI USA Momentum Factor ETF Trading Up 7.1 %

BATS:MTUM opened at $223.77 on Thursday. The firm has a 50-day moving average price of $213.57 and a two-hundred day moving average price of $204.41. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The company has a market capitalization of $12.12 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.