Rehmann Capital Advisory Group Has $854,000 Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Rehmann Capital Advisory Group increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,554 shares of the company’s stock after buying an additional 216 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares MSCI USA Momentum Factor ETF were worth $854,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Teamwork Financial Advisors LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock worth $411,000 after buying an additional 44 shares during the last quarter. Trust Co. of Vermont grew its stake in iShares MSCI USA Momentum Factor ETF by 13.9% during the first quarter. Trust Co. of Vermont now owns 411 shares of the company’s stock worth $83,000 after buying an additional 50 shares during the last quarter. Vantage Point Financial LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 2.2% during the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock worth $569,000 after buying an additional 51 shares during the last quarter. Private Advisory Group LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1.3% during the first quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock worth $916,000 after buying an additional 57 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 4.2% during the first quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock worth $304,000 after buying an additional 61 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 20.0%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $250.84 on Thursday. The firm’s 50-day moving average price is $250.62 and its two-hundred day moving average price is $234.45. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The stock has a market capitalization of $18.31 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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.