iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Blair William & Co. IL

Blair William & Co. IL increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,495 shares of the company’s stock after acquiring an additional 594 shares during the period. Blair William & Co. IL’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,801,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MTUM. Mullooly Asset Management Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth approximately $2,162,511,000. CHURCHILL MANAGEMENT Corp acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $220,286,000. Orgel Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $158,559,000. Park Avenue Securities LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $109,923,000. Finally, BNP Paribas Financial Markets lifted its position in iShares MSCI USA Momentum Factor ETF by 102.6% during the first quarter. BNP Paribas Financial Markets now owns 642,494 shares of the company’s stock valued at $129,867,000 after buying an additional 325,369 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 21.6%

Shares of MTUM stock opened at $254.20 on Wednesday. The stock has a market cap of $18.56 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $240.99. The firm’s 50 day moving average price is $249.70 and its two-hundred day moving average price is $232.17.

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.