Sheaff Brock Investment Advisors LLC Boosts Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sheaff Brock Investment Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 10.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,797 shares of the company’s stock after purchasing an additional 617 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,378,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fortitude Family Office LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth $33,000. Signaturefd LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares in the last quarter. Wellington Shields & Co. LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth $42,000. Finally, Capital Performance Advisors LLP purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $43,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $208.41 on Friday. The firm has a market cap of $11.29 billion, a PE ratio of 18.53 and a beta of 1.10. The firm has a fifty day moving average of $203.65 and a 200 day moving average of $195.22. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

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.