iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1,055.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 507,294 shares of the company’s stock after acquiring an additional 463,387 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.1% of Park Avenue Securities LLC’s portfolio, making the stock its 15th largest holding. Park Avenue Securities LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $104,969,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the period. Arizona PSPRS Trust grew its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after buying an additional 7,115 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after buying an additional 3,260 shares during the period. Mercer Global Advisors Inc. ADV grew its position in iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after buying an additional 213,637 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in iShares MSCI USA Momentum Factor ETF by 2.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock worth $39,586,000 after buying an additional 4,802 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 1.0 %

Shares of MTUM opened at $208.99 on Wednesday. The firm’s 50-day moving average is $211.70 and its two-hundred day moving average is $202.24. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market capitalization of $11.32 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.