Global Retirement Partners LLC Has $8.82 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Global Retirement Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 242.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,226 shares of the company’s stock after acquiring an additional 24,940 shares during the period. Global Retirement Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,817,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MTUM. Bison Wealth LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after acquiring an additional 133 shares during the last quarter. Empowered Funds LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth about $2,488,000. Russell Investments Group Ltd. raised its position in iShares MSCI USA Momentum Factor ETF by 15.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock valued at $234,000 after buying an additional 128 shares during the last quarter. First Trust Advisors LP bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at about $350,000. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 543.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock valued at $30,631,000 after buying an additional 107,665 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 2.4%

MTUM opened at $299.59 on Thursday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $223.47 and a 12-month high of $307.96. The stock has a market cap of $21.87 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The business has a 50 day moving average of $267.14 and a 200-day moving average of $257.17.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.