Integrity Alliance LLC. Acquires 9,656 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Integrity Alliance LLC. raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 554.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,397 shares of the company’s stock after buying an additional 9,656 shares during the quarter. Integrity Alliance LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,853,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MTUM. Bison Wealth LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after buying an additional 133 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $2,488,000. Russell Investments Group Ltd. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 15.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock worth $234,000 after buying an additional 128 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $350,000. Finally, Qube Research & Technologies Ltd grew its position in shares of iShares MSCI USA Momentum Factor ETF by 543.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock worth $30,631,000 after buying an additional 107,665 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $313.33 on Thursday. The firm has a market cap of $22.87 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $228.53 and a fifty-two week high of $317.25. The business’s 50 day moving average price is $273.25 and its 200-day moving average price is $259.16.

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