Choreo LLC Has $9.42 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Choreo LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,238 shares of the company’s stock after purchasing an additional 2,065 shares during the period. Choreo LLC owned approximately 0.09% of iShares MSCI USA Momentum Factor ETF worth $9,416,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock valued at $1,120,677,000 after buying an additional 229,231 shares during the period. Sculati Wealth Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth $201,000. Traction Financial Partners LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $323,000. Franklin Resources Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 38.3% during the fourth quarter. Franklin Resources Inc. now owns 59,950 shares of the company’s stock worth $9,406,000 after purchasing an additional 16,611 shares during the period. Finally, TSA Wealth Managment LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $301,000.

iShares MSCI USA Momentum Factor ETF Trading Down 2.2 %

Shares of BATS:MTUM opened at $186.03 on Monday. The stock has a market capitalization of $10.07 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The firm has a 50 day moving average of $192.34 and a 200-day moving average of $188.45.

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.