iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Holdings Raised by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 708.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 14,078 shares of the company’s stock after purchasing an additional 12,337 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MTUM. Mercer Global Advisors Inc. ADV increased its position in shares of iShares MSCI USA Momentum Factor ETF by 5.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 6,545,629 shares of the company’s stock worth $914,424,000 after purchasing an additional 317,802 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock valued at $965,864,000 after buying an additional 277,017 shares during the last quarter. Invst LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $24,213,000. Assetmark Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the 3rd quarter. Assetmark Inc. now owns 1,584,283 shares of the company’s stock valued at $221,324,000 after buying an additional 137,311 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares MSCI USA Momentum Factor ETF by 36.3% during the 3rd quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock valued at $71,195,000 after buying an additional 135,609 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM traded up $2.25 during trading on Friday, reaching $179.68. 421,929 shares of the company’s stock traded hands. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The company has a 50 day moving average of $183.42 and a 200-day moving average of $164.69. The stock has a market capitalization of $9.86 billion, a P/E ratio of 19.19 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.