iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Everpar Advisors LLC

Everpar Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 190.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,314 shares of the company’s stock after buying an additional 3,484 shares during the quarter. Everpar Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,330,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MTUM. Caprock Group LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $3,283,000. Acropolis Investment Management LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Acropolis Investment Management LLC now owns 134,659 shares of the company’s stock valued at $32,361,000 after acquiring an additional 5,813 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 18.9% in the third quarter. Strategic Blueprint LLC now owns 30,074 shares of the company’s stock valued at $7,713,000 after purchasing an additional 4,790 shares during the period. Advocacy Wealth Management Services LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 5.7% in the second quarter. Advocacy Wealth Management Services LLC now owns 88,416 shares of the company’s stock valued at $21,248,000 after purchasing an additional 4,752 shares during the period. Finally, Beacon Financial Group grew its stake in iShares MSCI USA Momentum Factor ETF by 11.0% during the 3rd quarter. Beacon Financial Group now owns 22,212 shares of the company’s stock worth $5,696,000 after purchasing an additional 2,203 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $241.52 on Friday. The stock’s 50-day moving average is $252.45 and its two-hundred day moving average is $251.88. iShares MSCI USA Momentum Factor ETF has a 1-year low of $171.51 and a 1-year high of $262.10. The company has a market cap of $17.63 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.