ORG Partners LLC Buys 3,668 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ORG Partners LLC increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 109.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,022 shares of the company’s stock after buying an additional 3,668 shares during the period. ORG Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,453,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after acquiring an additional 213,637 shares during the period. Assetmark Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after purchasing an additional 72,891 shares during the period. Cerity Partners LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% in the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after purchasing an additional 26,235 shares in the last quarter. FMR LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after buying an additional 73,442 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock valued at $125,668,000 after buying an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock traded up $0.95 during trading on Friday, hitting $209.78. The company’s stock had a trading volume of 943,283 shares. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The company has a market capitalization of $11.36 billion, a PE ratio of 18.53 and a beta of 1.10. The company has a fifty day simple moving average of $211.40 and a two-hundred day simple moving average of $201.85.

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.