iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Position Increased by QRG Capital Management Inc.

QRG Capital Management Inc. grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 22.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,694 shares of the company’s stock after purchasing an additional 1,206 shares during the period. QRG Capital Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,385,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Park Avenue Securities LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,055.4% in the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after buying an additional 463,387 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 140.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock valued at $87,961,000 after acquiring an additional 248,600 shares in the last quarter. Citigroup Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after acquiring an additional 234,524 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 245.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock valued at $46,564,000 after acquiring an additional 159,916 shares during the period. Finally, JB Capital LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth approximately $32,997,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $214.18 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company has a market capitalization of $15.37 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. The business has a 50 day moving average price of $217.33 and a two-hundred day moving average price of $209.36.

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.