QRG Capital Management Inc. Acquires 1,495 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

QRG Capital Management Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 37.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,488 shares of the company’s stock after purchasing an additional 1,495 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Signaturefd LLC raised its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the period. Abich Financial Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $33,000. Wellington Shields & Co. LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $42,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $48,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $213.84 on Friday. The stock’s fifty day moving average is $202.10 and its 200 day moving average is $194.29. The firm has a market capitalization of $11.58 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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.