New Republic Capital LLC Buys Shares of 564 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

New Republic Capital LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 564 shares of the company’s stock, valued at approximately $117,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares in the last quarter. Signaturefd LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the period. Arizona PSPRS Trust grew its stake in iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after acquiring an additional 7,115 shares during the period. Finally, Glenmede Trust Co. NA increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 38.7% during the third quarter. Glenmede Trust Co. NA now owns 3,327 shares of the company’s stock valued at $675,000 after acquiring an additional 928 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 8.1 %

Shares of MTUM stock opened at $225.91 on Wednesday. The firm has a market capitalization of $12.23 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The firm has a fifty day simple moving average of $214.37 and a two-hundred day simple moving average of $205.39.

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.