916,637 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Purchased by CHURCHILL MANAGEMENT Corp

CHURCHILL MANAGEMENT Corp acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 916,637 shares of the company’s stock, valued at approximately $220,286,000. iShares MSCI USA Momentum Factor ETF makes up about 2.4% of CHURCHILL MANAGEMENT Corp’s portfolio, making the stock its 16th largest position. CHURCHILL MANAGEMENT Corp owned approximately 1.26% of iShares MSCI USA Momentum Factor ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parsons Capital Management Inc. RI lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 21.5% during the second quarter. Parsons Capital Management Inc. RI now owns 1,583 shares of the company’s stock valued at $380,000 after purchasing an additional 280 shares during the last quarter. Benchmark Wealth Management LLC increased its position in iShares MSCI USA Momentum Factor ETF by 21.3% during the 2nd quarter. Benchmark Wealth Management LLC now owns 4,362 shares of the company’s stock valued at $1,048,000 after buying an additional 766 shares in the last quarter. B.O.S.S. Retirement Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 59.8% during the second quarter. B.O.S.S. Retirement Advisors LLC now owns 3,852 shares of the company’s stock valued at $926,000 after buying an additional 1,442 shares during the last quarter. Deltec Asset Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter worth $2,716,000. Finally, Marino Stram & Associates LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.7% in the second quarter. Marino Stram & Associates LLC now owns 6,683 shares of the company’s stock worth $1,606,000 after acquiring an additional 240 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $256.01 on Thursday. The business has a fifty day moving average price of $247.26 and a 200-day moving average price of $229.14. The company has a market capitalization of $18.69 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99.

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.