iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Holdings Lifted by Forefront Analytics LLC

Forefront Analytics LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 15.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,945 shares of the company’s stock after purchasing an additional 5,233 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 3.7% of Forefront Analytics LLC’s investment portfolio, making the stock its 6th largest position. Forefront Analytics LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,059,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in MTUM. Duncker Streett & Co. Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at about $25,000. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $30,000. Mainstream Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $31,000. Operose Advisors LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 48.0% during the fourth quarter. Operose Advisors LLC now owns 188 shares of the company’s stock worth $39,000 after purchasing an additional 61 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 4.5 %

BATS:MTUM opened at $218.47 on Friday. The company’s 50 day moving average is $202.09 and its 200-day moving average is $210.06. The firm has a market cap of $15.09 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $229.77.

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.