BNP Paribas Financial Markets Purchases 55,168 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

BNP Paribas Financial Markets boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 21.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 311,428 shares of the company’s stock after purchasing an additional 55,168 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares MSCI USA Momentum Factor ETF were worth $77,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 2,939.7% in the 3rd quarter. Focus Partners Wealth now owns 927,145 shares of the company’s stock valued at $237,766,000 after acquiring an additional 896,644 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 55.3% in the 4th 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 in the last quarter. CWM LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 25.3% in the 4th 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 in the last quarter. Park Avenue Securities LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 35.7% in the 4th quarter. Park Avenue Securities LLC now owns 711,023 shares of the company’s stock valued at $177,976,000 after buying an additional 187,155 shares in the last quarter. Finally, Symmetry Partners LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 71.8% in the 4th quarter. Symmetry Partners LLC now owns 416,566 shares of the company’s stock valued at $104,271,000 after buying an additional 174,074 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.4%

MTUM opened at $316.93 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.29 and a 12 month high of $318.62. The company has a fifty day simple moving average of $277.37 and a 200 day simple moving average of $260.54. The stock has a market cap of $23.14 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.