Swmg LLC Makes New $2.89 Million Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Swmg LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,642 shares of the company’s stock, valued at approximately $2,892,000. iShares MSCI USA Momentum Factor ETF comprises about 1.2% of Swmg LLC’s portfolio, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after acquiring an additional 3,260 shares during the last quarter. Unison Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 8.2% during the second quarter. Unison Advisors LLC now owns 22,170 shares of the company’s stock worth $4,320,000 after acquiring an additional 1,688 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after acquiring an additional 213,637 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock valued at $39,586,000 after buying an additional 4,802 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 0.6 %

Shares of BATS MTUM opened at $216.66 on Thursday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market capitalization of $11.73 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a fifty day simple moving average of $208.47 and a 200-day simple moving average of $198.33.

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.