iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Position Increased by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,429 shares of the company’s stock after buying an additional 866 shares during the quarter. Peddock Capital Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,193,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. MinichMacGregor Wealth Management LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after buying an additional 63 shares during the last quarter. GDS Wealth Management lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.2% during the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after purchasing an additional 65 shares during the period. Tyche Wealth Partners LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.7% during the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock valued at $514,000 after acquiring an additional 66 shares during the period. Signature Estate & Investment Advisors LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 0.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after buying an additional 66 shares in the last quarter. Finally, Eagle Strategies LLC raised its position in iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after purchasing an additional 77 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 1.4 %

BATS:MTUM traded down $2.88 during mid-day trading on Monday, reaching $206.90. 1,026,117 shares of the company were exchanged. The stock has a market cap of $11.20 billion, a PE ratio of 18.53 and a beta of 1.10. The company has a fifty day moving average of $211.56 and a 200 day moving average of $202.07. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.