iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Boosted by RoundAngle Advisors LLC

RoundAngle Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,687 shares of the company’s stock after purchasing an additional 728 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up 2.5% of RoundAngle Advisors LLC’s investment portfolio, making the stock its 12th largest holding. RoundAngle Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,767,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of MTUM. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 58.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,608,593 shares of the company’s stock valued at $2,608,970,000 after acquiring an additional 4,651,707 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $574,824,000. LPL Financial LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 215.4% during the 4th quarter. LPL Financial LLC now owns 1,954,637 shares of the company’s stock valued at $404,454,000 after acquiring an additional 1,334,851 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares MSCI USA Momentum Factor ETF by 204.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,128,104 shares of the company’s stock valued at $233,427,000 after acquiring an additional 758,024 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 5,196.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 689,435 shares of the company’s stock valued at $142,658,000 after acquiring an additional 676,419 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $239.63 on Tuesday. The stock has a market cap of $17.49 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The business has a 50 day simple moving average of $225.31 and a 200 day simple moving average of $215.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week high of $241.93.

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.