Capital Performance Advisors LLP Invests $43,000 in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the third quarter, according to its most recent filing with the SEC. The firm bought 214 shares of the company’s stock, valued at approximately $43,000.

Several other institutional investors have also recently bought and sold shares of the company. Arizona PSPRS Trust acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at about $69,276,000. Mercer Global Advisors Inc. ADV grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after buying an additional 213,637 shares during the last quarter. Symmetry Partners LLC increased its position in iShares MSCI USA Momentum Factor ETF by 62.7% in the 2nd quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after buying an additional 208,691 shares during the period. Foster Group Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 281.1% in the 2nd quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after buying an additional 205,017 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2,256.8% during the first quarter. Cetera Investment Advisers now owns 175,700 shares of the company’s stock worth $32,917,000 after buying an additional 168,245 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.6 %

MTUM opened at $213.84 on Monday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The business has a 50 day moving average of $202.10 and a 200-day moving average of $194.40. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.