SYM FINANCIAL Corp Has $316,000 Stake in iShares MSCI USA Momentum Factor ETF $MTUM

SYM FINANCIAL Corp increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 26.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,316 shares of the company’s stock after acquiring an additional 273 shares during the period. SYM FINANCIAL Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $316,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,639,702 shares of the company’s stock valued at $3,037,545,000 after acquiring an additional 1,094,104 shares during the last quarter. Mullooly Asset Management Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $2,162,511,000. Raymond James Financial Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 5.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,929,874 shares of the company’s stock valued at $592,215,000 after buying an additional 151,872 shares during the last quarter. LPL Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 0.3% in the 1st quarter. LPL Financial LLC now owns 1,960,110 shares of the company’s stock valued at $396,197,000 after buying an additional 5,473 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 3.5% in the 1st quarter. Assetmark Inc. now owns 1,812,820 shares of the company’s stock valued at $366,425,000 after buying an additional 61,915 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 23.4%

MTUM opened at $257.96 on Tuesday. The firm has a market capitalization of $18.83 billion, a P/E ratio of 28.67 and a beta of 1.02. The stock’s 50 day moving average price is $251.23 and its two-hundred day moving average price is $236.49. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99.

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.