iShares MSCI USA Momentum Factor ETF Stock Scheduled to Split on Thursday, November 5th (BATS:MTUM)

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) shares are set to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $289.45 on Friday. The stock has a 50-day moving average of $307.84 and a two-hundred day moving average of $305.70. iShares MSCI USA Momentum Factor ETF has a one year low of $229.42 and a one year high of $345.59. The stock has a market cap of $21.13 billion, a P/E ratio of 28.67 and a beta of 1.02.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. YANKCOM Partnership purchased a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $31,000. Fairway Wealth LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $36,000. Turtle Creek Wealth Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $26,000. Indiana Trust & Investment Management Co acquired a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $26,000. Finally, Morling Financial Advisors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth approximately $50,000.

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.