Blue Trust Inc. Boosts Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Blue Trust Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,274,963 shares of the company’s stock after acquiring an additional 32,573 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 3.5% of Blue Trust Inc.’s investment portfolio, making the stock its 11th largest position. Blue Trust Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $305,978,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. RFG Advisory LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 3.8% during the 1st quarter. RFG Advisory LLC now owns 10,355 shares of the company’s stock valued at $2,485,000 after purchasing an additional 379 shares during the period. Banque Cantonale Vaudoise bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth about $803,000. Signal Advisors Wealth LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.6% during the first quarter. Signal Advisors Wealth LLC now owns 2,822 shares of the company’s stock worth $677,000 after purchasing an additional 99 shares in the last quarter. SWP Financial LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 0.9% during the 1st quarter. SWP Financial LLC now owns 15,283 shares of the company’s stock valued at $3,668,000 after purchasing an additional 132 shares during the period. Finally, Atlas Brown Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 6.2% during the 1st quarter. Atlas Brown Inc. now owns 2,549 shares of the company’s stock valued at $612,000 after purchasing an additional 148 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 0.4%

BATS MTUM opened at $328.41 on Thursday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59. The stock’s 50 day moving average is $303.82 and its 200 day moving average is $270.07. The stock has a market cap of $23.97 billion, a PE ratio of 28.67 and a beta of 1.02.

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