iShares MSCI USA Momentum Factor ETF (BATS:MTUM) is Arizona PSPRS Trust’s 7th Largest Position

Arizona PSPRS Trust increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 362,613 shares of the company’s stock after acquiring an additional 7,115 shares during the period. iShares MSCI USA Momentum Factor ETF makes up about 2.9% of Arizona PSPRS Trust’s portfolio, making the stock its 7th largest holding. Arizona PSPRS Trust owned 0.67% of iShares MSCI USA Momentum Factor ETF worth $73,523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MinichMacGregor Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after purchasing an additional 63 shares in the last quarter. GDS Wealth Management raised its position in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock valued at $426,000 after buying an additional 65 shares during the last quarter. Tyche Wealth Partners LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.7% in the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after buying an additional 66 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 0.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after acquiring an additional 66 shares in the last quarter. Finally, Eagle Strategies LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after acquiring an additional 77 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $216.52 on Monday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The stock has a market cap of $11.72 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock’s 50 day simple moving average is $207.70 and its 200-day simple moving average is $197.81.

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.