OVERSEA CHINESE BANKING Corp Ltd Increases Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 21.2% during the third quarter, Holdings Channel reports. The firm owned 62,014 shares of the company’s stock after acquiring an additional 10,831 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Momentum Factor ETF were worth $12,574,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. GDS Wealth Management increased its holdings in iShares MSCI USA Momentum Factor ETF by 3.2% during the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock valued at $426,000 after purchasing an additional 65 shares during the period. 1900 Wealth Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 18.8% during the 3rd quarter. 1900 Wealth Management LLC now owns 169,315 shares of the company’s stock valued at $31,721,000 after purchasing an additional 26,745 shares during the period. Tyler Stone Wealth Management boosted its position in iShares MSCI USA Momentum Factor ETF by 99.3% during the 3rd quarter. Tyler Stone Wealth Management now owns 7,830 shares of the company’s stock valued at $1,588,000 after acquiring an additional 3,902 shares in the last quarter. Assetmark Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 4.5% during the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares in the last quarter. Finally, SpiderRock Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at approximately $739,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $213.60 on Tuesday. The stock’s 50 day simple moving average is $202.10 and its two-hundred day simple moving average is $194.51. The stock has a market cap of $11.57 billion, a price-to-earnings 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.

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.