Rockefeller Capital Management L.P. Purchases 2,386 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Rockefeller Capital Management L.P. lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,208 shares of the company’s stock after purchasing an additional 2,386 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $13,508,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Harbor Investment Advisory LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after purchasing an additional 118 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. Hilltop National Bank acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $55,000. Fortitude Family Office LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 109.0% during the second quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock worth $61,000 after acquiring an additional 133 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth about $65,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $242.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $240.99. The stock has a market cap of $17.68 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The firm’s 50-day simple moving average is $253.20 and its 200 day simple moving average is $242.22.

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.