iShares MSCI USA Momentum Factor ETF $MTUM Stock Position Increased by Alexis Investment Partners LLC

Alexis Investment Partners LLC increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,495 shares of the company’s stock after buying an additional 3,669 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 3.7% of Alexis Investment Partners LLC’s investment portfolio, making the stock its 4th largest position. Alexis Investment Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,682,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth approximately $26,000. Compass Wealth Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in 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% in the first quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after buying an additional 87 shares during the last quarter. Harbor Investment Advisory LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 262.2% in the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after buying an additional 118 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock worth $52,000 after buying an additional 67 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 21.0%

MTUM opened at $252.87 on Monday. The company has a market cap of $18.46 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The company’s 50 day moving average is $250.24 and its 200 day moving average is $233.23. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99.

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.