1,228 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,228 shares of the company’s stock, valued at approximately $254,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 7.2% in the fourth quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock valued at $253,541,000 after buying an additional 81,918 shares during the period. Cerity Partners LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after buying an additional 26,235 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in iShares MSCI USA Momentum Factor ETF by 3.7% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after purchasing an additional 35,468 shares in the last quarter. Finally, FMR LLC raised its position in iShares MSCI USA Momentum Factor ETF by 12.2% in the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after purchasing an additional 73,442 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 2.6 %

BATS MTUM opened at $214.44 on Friday. The firm has a market cap of $15.39 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. The company has a 50 day moving average of $216.96 and a 200-day moving average of $208.73. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year 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.