iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Principal Securities Inc.

Principal Securities Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 252.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,850 shares of the company’s stock after acquiring an additional 9,209 shares during the quarter. Principal Securities Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,659,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares during the last quarter. AdvisorNet Financial Inc boosted its position 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 during the last quarter. Signaturefd LLC boosted its holdings 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 purchasing an additional 155 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after purchasing an additional 202 shares during the last quarter. Finally, Arizona PSPRS Trust boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 9.3 %

Shares of MTUM opened at $228.40 on Tuesday. The firm has a market cap of $12.37 billion, a PE ratio of 18.53 and a beta of 1.10. The company’s fifty day moving average is $215.19 and its two-hundred day moving average is $206.49. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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.