iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Everpar Advisors LLC

Everpar Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 34.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,188 shares of the company’s stock after acquiring an additional 2,355 shares during the period. iShares MSCI USA Momentum Factor ETF makes up about 0.9% of Everpar Advisors LLC’s portfolio, making the stock its 25th biggest holding. Everpar Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,150,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $25,000. Triumph Capital Management purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth about $25,000. Eagle Bay Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $26,000. Financial Network Wealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after purchasing an additional 67 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $26,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.4%

Shares of BATS:MTUM opened at $309.32 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $345.59. The company’s 50 day moving average is $317.36 and its 200 day moving average is $283.30. The company has a market cap of $22.58 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.