iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Holdings Raised by Spirit of America Management Corp NY

Spirit of America Management Corp NY increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 863 shares of the company’s stock after purchasing an additional 90 shares during the quarter. Spirit of America Management Corp NY’s holdings in iShares MSCI USA Momentum Factor ETF were worth $179,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Assetmark Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares in the last quarter. Cerity Partners LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.5% during the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after purchasing an additional 26,235 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in iShares MSCI USA Momentum Factor ETF by 3.7% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock valued at $206,089,000 after purchasing an additional 35,468 shares during the period. FMR LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the third quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after purchasing an additional 73,442 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock valued at $125,668,000 after purchasing an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 7.1 %

Shares of MTUM stock opened at $223.77 on Thursday. The company has a market capitalization of $12.12 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The stock’s fifty day simple moving average is $213.57 and its 200-day simple moving average is $204.41.

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.