L.M. Kohn & Company Has $359,000 Position in iShares MSCI USA Momentum Factor ETF $MTUM

L.M. Kohn & Company increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 20.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,492 shares of the company’s stock after buying an additional 258 shares during the quarter. L.M. Kohn & Company’s holdings in iShares MSCI USA Momentum Factor ETF were worth $359,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the 1st quarter. Bank of New York Mellon Corp now owns 215,086 shares of the company’s stock valued at $43,475,000 after purchasing an additional 11,729 shares in the last quarter. Symmetry Partners LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.7% in the 2nd quarter. Symmetry Partners LLC now owns 220,864 shares of the company’s stock valued at $53,078,000 after purchasing an additional 15,774 shares in the last quarter. Fortune Financial Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 46.2% in the 2nd quarter. Fortune Financial Advisors LLC now owns 2,029 shares of the company’s stock valued at $488,000 after purchasing an additional 641 shares in the last quarter. Scissortail Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $4,529,000. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after purchasing an additional 67 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $257.89 on Thursday. The stock’s fifty day moving average price is $251.85 and its two-hundred day moving average price is $237.37. The company has a market cap of $18.83 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $240.99.

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.