Columbia Advisory Partners LLC Purchases 2,251 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Columbia Advisory Partners LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 16.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,882 shares of the company’s stock after acquiring an additional 2,251 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 2.9% of Columbia Advisory Partners LLC’s holdings, making the stock its 7th largest position. Columbia Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,817,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $26,000. Compass Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $30,000. Cornerstone Planning Group LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 140.3% during the first quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after purchasing an additional 87 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $33,000. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 262.2% during the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after purchasing an additional 118 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $255.86 on Thursday. The stock has a market cap of $18.68 billion, a P/E ratio of 28.67 and a beta of 1.02. The firm has a 50 day simple moving average of $248.68 and a 200 day simple moving average of $230.92. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week 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.