Swmg LLC Increases Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Swmg LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 12.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,128 shares of the company’s stock after buying an additional 2,195 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 1.5% of Swmg LLC’s investment portfolio, making the stock its 16th biggest holding. Swmg LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,092,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bison Wealth LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after purchasing an additional 133 shares in the last quarter. Empowered Funds LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth about $2,488,000. Integrity Alliance LLC. boosted its stake in iShares MSCI USA Momentum Factor ETF by 74.1% in the 1st quarter. Integrity Alliance LLC. now owns 2,557 shares of the company’s stock worth $517,000 after purchasing an additional 1,088 shares during the period. Modern Wealth Management LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 31.3% during the 1st quarter. Modern Wealth Management LLC now owns 7,735 shares of the company’s stock valued at $1,564,000 after buying an additional 1,843 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 262.2% during the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after buying an additional 118 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 23.0%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $257.15 on Friday. The company’s 50-day moving average price is $249.98 and its 200-day moving average price is $247.97. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99. The company has a market cap of $18.77 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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