iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 242,941 shares of the company’s stock after acquiring an additional 9,100 shares during the period. Sanctuary Advisors LLC owned 0.33% of iShares MSCI USA Momentum Factor ETF worth $58,303,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV grew its stake in iShares MSCI USA Momentum Factor ETF by 3.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,824,890 shares of the company’s stock worth $1,958,649,000 after acquiring an additional 229,850 shares during the period. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 24.7% during the 4th quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock worth $823,985,000 after purchasing an additional 652,414 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.0% during the 4th quarter. Raymond James Financial Inc. now owns 3,215,974 shares of the company’s stock worth $804,990,000 after purchasing an additional 152,723 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 185.9% during the fourth quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock worth $512,864,000 after purchasing an additional 1,332,181 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the fourth quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock worth $376,068,000 after purchasing an additional 37,278 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.6%

Shares of BATS:MTUM opened at $319.76 on Wednesday. The company has a market cap of $23.34 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52 week low of $229.42 and a 52 week high of $345.59. The business has a fifty day simple moving average of $316.98 and a 200-day simple moving average of $277.20.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.