OneDigital Investment Advisors LLC Purchases 2,349 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

OneDigital Investment Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 270,886 shares of the company’s stock after purchasing an additional 2,349 shares during the period. OneDigital Investment Advisors LLC owned about 0.37% of iShares MSCI USA Momentum Factor ETF worth $69,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Successful Portfolios LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% in the 3rd quarter. Successful Portfolios LLC now owns 1,412 shares of the company’s stock worth $362,000 after buying an additional 40 shares during the period. Centurion Wealth Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 0.7% during the third quarter. Centurion Wealth Management LLC now owns 5,764 shares of the company’s stock valued at $1,478,000 after acquiring an additional 42 shares during the period. Silverlake Wealth Management LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1.1% in the second quarter. Silverlake Wealth Management LLC now owns 3,917 shares of the company’s stock valued at $941,000 after acquiring an additional 43 shares in the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.1% in the third quarter. Armstrong Advisory Group Inc. now owns 3,961 shares of the company’s stock worth $1,016,000 after acquiring an additional 43 shares during the period. Finally, LifeSteps Financial Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.3% in the third quarter. LifeSteps Financial Inc. now owns 1,920 shares of the company’s stock worth $492,000 after acquiring an additional 44 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 0.6%

BATS:MTUM opened at $254.77 on Friday. The stock has a 50-day moving average price of $254.08 and a 200 day moving average price of $251.39. The stock has a market capitalization of $18.60 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $171.51 and a 12-month high of $262.10.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.