iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by WMS Group LLC

WMS Group LLC increased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 32.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 15,463 shares of the company’s stock after buying an additional 3,800 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 5.4% of WMS Group LLC’s holdings, making the stock its 4th largest holding. WMS Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,711,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MTUM. Mercer Global Advisors Inc. ADV lifted its stake in shares of 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 in the last quarter. LPL Financial LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 24.7% in the fourth quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock valued at $823,985,000 after buying an additional 652,414 shares during the period. Raymond James Financial Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 5.0% in the fourth quarter. Raymond James Financial Inc. now owns 3,215,974 shares of the company’s stock valued at $804,990,000 after buying an additional 152,723 shares during the period. Corient Private Wealth LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 185.9% during 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. lifted its position in iShares MSCI USA Momentum Factor ETF by 2.5% during 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 4.0%

iShares MSCI USA Momentum Factor ETF stock opened at $325.74 on Friday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $229.42 and a 52-week high of $345.59. The firm has a fifty day moving average of $306.31 and a 200-day moving average of $271.07. The firm has a market capitalization of $23.78 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.