OVERSEA CHINESE BANKING Corp Ltd Buys 10,831 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

OVERSEA CHINESE BANKING Corp Ltd lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 21.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,014 shares of the company’s stock after acquiring an additional 10,831 shares during the period. OVERSEA CHINESE BANKING Corp Ltd owned approximately 0.11% of iShares MSCI USA Momentum Factor ETF worth $12,574,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Arizona PSPRS Trust bought a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $69,276,000. Mercer Global Advisors Inc. ADV boosted 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 valued at $1,463,815,000 after buying an additional 213,637 shares during the period. Symmetry Partners LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 62.7% during the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after buying an additional 208,691 shares during the period. Foster Group Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 281.1% during the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock valued at $54,162,000 after buying an additional 205,017 shares during the period. Finally, Cetera Investment Advisers boosted its stake in iShares MSCI USA Momentum Factor ETF by 2,256.8% during the first quarter. Cetera Investment Advisers now owns 175,700 shares of the company’s stock valued at $32,917,000 after buying an additional 168,245 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

BATS MTUM opened at $213.60 on Tuesday. The stock’s 50-day simple moving average is $202.10 and its two-hundred day simple moving average is $194.51. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The company has a market capitalization of $11.57 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.