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

RoundAngle Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,655 shares of the company’s stock after purchasing an additional 968 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 2.9% of RoundAngle Advisors LLC’s holdings, making the stock its 9th largest holding. RoundAngle Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,522,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $26,000. Compass Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $30,000. Cornerstone Planning Group LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 140.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock valued at $30,000 after buying an additional 87 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $33,000. Finally, Harbor Investment Advisory LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 262.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after buying an additional 118 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $250.07 on Monday. The stock has a fifty day moving average of $249.19 and a 200-day moving average of $231.50. The stock has a market capitalization of $18.26 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 $168.49 and a 52 week high of $240.99.

iShares MSCI USA Momentum Factor ETF 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.