LPL Financial LLC Buys 11,968 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

LPL Financial LLC lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 619,786 shares of the company’s stock after purchasing an additional 11,968 shares during the quarter. LPL Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $125,668,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC grew 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 purchasing an additional 113 shares in the last quarter. Signaturefd LLC lifted its stake in shares of 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 valued at $33,000 after purchasing an additional 155 shares during the last quarter. 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. Capital Performance Advisors LLP purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $43,000. Finally, Wellington Shields & Co. LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $42,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.5 %

Shares of MTUM opened at $214.93 on Friday. The business has a fifty day moving average of $205.64 and a 200 day moving average of $196.35. The company has a market cap of $11.64 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60.

iShares MSCI USA Momentum Factor ETF Company 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.