Copperleaf Capital LLC Purchases 494 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Copperleaf Capital LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,538 shares of the company’s stock after acquiring an additional 494 shares during the period. Copperleaf Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,331,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 262.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after acquiring an additional 118 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 45.0% during the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after acquiring an additional 67 shares during the last quarter. Hilltop National Bank purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at $55,000. Fortitude Family Office LLC increased its position in iShares MSCI USA Momentum Factor ETF by 109.0% in the second quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock worth $61,000 after purchasing an additional 133 shares during the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter worth $65,000.

iShares MSCI USA Momentum Factor ETF Stock Up 15.9%

iShares MSCI USA Momentum Factor ETF stock opened at $242.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99. The firm’s fifty day moving average is $253.20 and its 200 day moving average is $242.22. The company has a market cap of $17.68 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.