1,692 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Acquired by IMC Chicago LLC

IMC Chicago LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the first quarter, Holdings Channel.com reports. The fund purchased 1,692 shares of the company’s stock, valued at approximately $406,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its position in iShares MSCI USA Momentum Factor ETF by 3.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,824,890 shares of the company’s stock valued at $1,958,649,000 after purchasing an additional 229,850 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 24.7% during the fourth quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock worth $823,985,000 after purchasing an additional 652,414 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.0% during the fourth quarter. Raymond James Financial Inc. now owns 3,215,974 shares of the company’s stock worth $804,990,000 after purchasing an additional 152,723 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 185.9% in the fourth quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after buying an additional 1,332,181 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the fourth quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock valued at $376,068,000 after buying an additional 37,278 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 3.0%

iShares MSCI USA Momentum Factor ETF stock opened at $303.41 on Friday. The stock has a 50-day simple moving average of $317.44 and a 200 day simple moving average of $277.95. The stock has a market capitalization of $22.15 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59.

About iShares MSCI USA Momentum Factor ETF

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.