Rockefeller Capital Management L.P. Boosts Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Rockefeller Capital Management L.P. lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,053 shares of the company’s stock after purchasing an additional 748 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.09% of iShares MSCI USA Momentum Factor ETF worth $10,564,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 58.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,608,593 shares of the company’s stock worth $2,608,970,000 after buying an additional 4,651,707 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $574,824,000. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 215.4% during the fourth quarter. LPL Financial LLC now owns 1,954,637 shares of the company’s stock worth $404,454,000 after purchasing an additional 1,334,851 shares during the last quarter. Assetmark Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 3.4% during the fourth quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock valued at $362,297,000 after purchasing an additional 57,922 shares during the period. Finally, Blue Trust Inc. boosted its holdings 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 valued at $253,541,000 after purchasing an additional 81,918 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $197.39 on Thursday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The firm has a market capitalization of $13.59 billion, a P/E ratio of 27.38 and a beta of 1.00. The stock has a 50-day simple moving average of $207.11 and a two-hundred day simple moving average of $209.88.

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.