Symmetry Partners LLC Has $146.35 Million Stake in iShares MSCI USA Momentum Factor ETF $MTUM

Symmetry Partners LLC cut its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 426,885 shares of the company’s stock after selling 8,808 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for 7.5% of Symmetry Partners LLC’s portfolio, making the stock its 4th largest holding. Symmetry Partners LLC owned 0.58% of iShares MSCI USA Momentum Factor ETF worth $146,349,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Corient Private Wealth LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 185.9% in the 4th quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after purchasing an additional 1,332,181 shares during the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Momentum Factor ETF by 24.7% during the fourth quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock worth $823,985,000 after buying an additional 652,414 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI USA Momentum Factor ETF by 32.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,151,084 shares of the company’s stock worth $288,128,000 after buying an additional 280,192 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 55.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 721,042 shares of the company’s stock valued at $180,484,000 after buying an additional 256,639 shares during the period. Finally, CWM LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 25.3% in the fourth quarter. CWM LLC now owns 1,141,425 shares of the company’s stock valued at $285,710,000 after buying an additional 230,310 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.4%

MTUM opened at $316.03 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59. The business has a 50 day moving average of $316.33 and a 200-day moving average of $285.07. The stock has a market cap of $23.07 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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