iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by Eq LLC

Eq LLC increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2,474.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,489 shares of the company’s stock after acquiring an additional 24,499 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up 2.5% of Eq LLC’s portfolio, making the stock its 13th biggest position. Eq LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,274,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in MTUM. Assetmark Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 4.5% during the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after purchasing an additional 72,891 shares during the last quarter. Blue Trust Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 7.2% in the fourth quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock worth $253,541,000 after buying an additional 81,918 shares during the period. Cerity Partners LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after buying an additional 26,235 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.7% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock valued at $206,089,000 after acquiring an additional 35,468 shares during the period. Finally, FMR LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after purchasing an additional 73,442 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 3.8 %

BATS MTUM opened at $216.93 on Wednesday. The company has a 50-day moving average price of $216.68 and a two-hundred day moving average price of $208.63. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The stock has a market cap of $15.56 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

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.