iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Acropolis Investment Management LLC

Acropolis Investment Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 125,371 shares of the company’s stock after acquiring an additional 1,588 shares during the period. iShares MSCI USA Momentum Factor ETF makes up about 1.5% of Acropolis Investment Management LLC’s holdings, making the stock its 13th largest holding. Acropolis Investment Management LLC owned approximately 0.23% of iShares MSCI USA Momentum Factor ETF worth $25,942,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MTUM. MinichMacGregor Wealth Management LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after purchasing an additional 63 shares during the period. GDS Wealth Management lifted its position in iShares MSCI USA Momentum Factor ETF by 3.2% in the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock valued at $426,000 after buying an additional 65 shares during the last quarter. Tyche Wealth Partners LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 2.7% during the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after buying an additional 66 shares during the period. Signature Estate & Investment Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 0.6% during the third quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after acquiring an additional 66 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $208.99 on Wednesday. The firm has a market cap of $11.32 billion, a P/E ratio of 18.53 and a beta of 1.10. The firm’s 50 day moving average price is $211.70 and its 200-day moving average price is $202.24. 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.