18,814 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Bought by Tactive Advisors LLC

Tactive Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,814 shares of the company’s stock, valued at approximately $6,450,000. iShares MSCI USA Momentum Factor ETF accounts for 1.6% of Tactive Advisors LLC’s portfolio, making the stock its 14th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Corient Private Wealth LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 185.9% in the fourth quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after purchasing an additional 1,332,181 shares during the period. LPL Financial LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 24.7% during the 4th quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock worth $823,985,000 after purchasing an additional 652,414 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI USA Momentum Factor ETF by 32.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,151,084 shares of the company’s stock valued at $288,128,000 after buying an additional 280,192 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 55.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 721,042 shares of the company’s stock valued at $180,484,000 after buying an additional 256,639 shares in the last quarter. Finally, CWM LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 25.3% in the 4th quarter. CWM LLC now owns 1,141,425 shares of the company’s stock worth $285,710,000 after buying an additional 230,310 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 0.4%

BATS:MTUM opened at $309.32 on Friday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59. The stock has a 50 day moving average of $317.36 and a two-hundred day moving average of $283.30. The firm has a market cap of $22.58 billion, a P/E ratio of 28.67 and a beta of 1.02.

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