iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8,866.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,421 shares of the company’s stock after buying an additional 2,394 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $501,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of MTUM. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares during the period. AdvisorNet Financial Inc increased its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares during the period. Signaturefd LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Arizona PSPRS Trust increased its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after purchasing an additional 7,115 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 407.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after purchasing an additional 3,260 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $222.02 on Thursday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company has a market cap of $12.02 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock’s 50-day moving average is $212.09 and its two-hundred day moving average is $202.89.

About iShares MSCI USA Momentum Factor ETF

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.