iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Reaches New 1-Year High at $183.74

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $183.74 and last traded at $183.72, with a volume of 508717 shares changing hands. The stock had previously closed at $180.10.

iShares MSCI USA Momentum Factor ETF Stock Up 0.1 %

The firm’s 50 day moving average price is $183.67 and its two-hundred day moving average price is $166.87. The firm has a market capitalization of $9.96 billion, a PE ratio of 18.53 and a beta of 1.10.

Institutional Trading of iShares MSCI USA Momentum Factor ETF

Several large investors have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 3.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock worth $1,120,677,000 after purchasing an additional 229,231 shares in the last quarter. Mercer Global Advisors Inc. ADV grew 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 acquiring an additional 317,802 shares in the last quarter. Assetmark Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the 4th quarter. Assetmark Inc. now owns 1,646,261 shares of the company’s stock worth $258,282,000 after acquiring an additional 61,978 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 20.1% in the 1st quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock valued at $232,257,000 after acquiring an additional 207,306 shares during the last quarter. Finally, CWM LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 9.3% during the 4th quarter. CWM LLC now owns 1,134,217 shares of the company’s stock valued at $177,947,000 after acquiring an additional 96,845 shares in the last quarter.

About iShares MSCI USA Momentum Factor ETF

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.