D Orazio & Associates Inc. Buys 8,844 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

D Orazio & Associates Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,464 shares of the company’s stock after buying an additional 8,844 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.8% of D Orazio & Associates Inc.’s portfolio, making the stock its 15th largest holding. D Orazio & Associates Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $14,384,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Raymond James Financial Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 4.1% in the 3rd quarter. Raymond James Financial Inc. now owns 3,063,251 shares of the company’s stock worth $785,571,000 after buying an additional 120,851 shares during the period. Assetmark Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% in the 4th quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock worth $376,068,000 after buying an additional 37,278 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 7.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,321,883 shares of the company’s stock worth $339,023,000 after buying an additional 90,841 shares during the period. State of Michigan Retirement System lifted its holdings in iShares MSCI USA Momentum Factor ETF by 5.2% in the 4th quarter. State of Michigan Retirement System now owns 1,287,290 shares of the company’s stock worth $322,222,000 after buying an additional 63,800 shares during the period. Finally, Blue Trust Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 9.6% in the 4th quarter. Blue Trust Inc. now owns 1,242,390 shares of the company’s stock worth $310,983,000 after buying an additional 108,825 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $301.80 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $216.39 and a fifty-two week high of $302.01. The stock has a 50 day simple moving average of $257.98 and a two-hundred day simple moving average of $254.25. The stock has a market cap of $22.03 billion, a P/E ratio of 28.67 and a beta of 1.02.

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