Bryn Mawr Capital Management LLC Invests $12.09 Million in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Bryn Mawr Capital Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 58,439 shares of the company’s stock, valued at approximately $12,092,000. Bryn Mawr Capital Management LLC owned approximately 0.11% of iShares MSCI USA Momentum Factor ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MTUM. Thurston Springer Miller Herd & Titak Inc. grew 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 valued at $41,000 after buying an additional 188 shares in the last quarter. AdvisorNet Financial Inc boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in 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 period. Signaturefd LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after acquiring an additional 202 shares during the period. Finally, Arizona PSPRS Trust lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.0% in 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 in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $229.08 on Thursday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm has a market capitalization of $12.40 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a fifty day moving average price of $216.18 and a 200-day moving average price of $207.29.

iShares MSCI USA Momentum Factor ETF Company 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.