Shufro Rose & Co. LLC Acquires 3,857 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Shufro Rose & Co. LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,381 shares of the company’s stock after purchasing an additional 3,857 shares during the period. Shufro Rose & Co. LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,287,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $432,000. Kingsview Wealth Management LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after acquiring an additional 202 shares during the period. Snowden Capital Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 297.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 16,347 shares of the company’s stock valued at $3,383,000 after acquiring an additional 12,236 shares during the period. Summit X LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1,416.6% in the 4th quarter. Summit X LLC now owns 22,142 shares of the company’s stock valued at $4,582,000 after acquiring an additional 20,682 shares during the period. Finally, Fullcircle Wealth LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $506,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $225.97 on Friday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $231.39. The stock’s 50-day simple moving average is $207.28 and its 200 day simple moving average is $211.61. The stock has a market capitalization of $16.47 billion, a P/E ratio of 28.96 and a beta of 1.00.

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.