iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 440,080 shares of the company’s stock after purchasing an additional 14,094 shares during the period. Cetera Investment Advisers owned approximately 0.60% of iShares MSCI USA Momentum Factor ETF worth $105,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Teamwork Financial Advisors LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.6% in the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock worth $411,000 after acquiring an additional 44 shares during the last quarter. Vantage Point Financial LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 2.2% in the 2nd quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after purchasing an additional 51 shares during the last quarter. Private Advisory Group LLC raised its position in iShares MSCI USA Momentum Factor ETF by 1.3% in the first quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock valued at $916,000 after purchasing an additional 57 shares during the period. Larson Financial Group LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 4.2% during the first quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock worth $304,000 after purchasing an additional 61 shares in the last quarter. Finally, Tyche Wealth Partners LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Tyche Wealth Partners LLC now owns 2,500 shares of the company’s stock worth $601,000 after purchasing an additional 63 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 17.7%

Shares of BATS MTUM opened at $245.92 on Friday. The stock has a market capitalization of $17.95 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The stock has a fifty day simple moving average of $253.39 and a 200-day simple moving average of $241.35.

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.