M&T Bank Corp Has $13.56 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

M&T Bank Corp lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 49.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,870 shares of the company’s stock after purchasing an additional 22,130 shares during the quarter. M&T Bank Corp owned 0.12% of iShares MSCI USA Momentum Factor ETF worth $13,559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MTUM. Fortitude Family Office LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares during the period. Signaturefd LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $33,000. Capital Performance Advisors LLP acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $43,000. Finally, JDM Financial Group LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at about $50,000.

iShares MSCI USA Momentum Factor ETF Stock Up 1.9 %

BATS:MTUM opened at $209.11 on Friday. The company has a market cap of $11.32 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The business has a 50 day moving average price of $210.61 and a two-hundred day moving average price of $200.33.

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.