iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Position Raised by NBC Securities Inc.

NBC Securities Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 19.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,581 shares of the company’s stock after buying an additional 585 shares during the period. NBC Securities Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $671,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Able Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $28,000. Baker Avenue Asset Management LP grew its position in iShares MSCI USA Momentum Factor ETF by 46.8% in the 3rd quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after purchasing an additional 89 shares during the last quarter. Sound Income Strategies LLC grew its position in iShares MSCI USA Momentum Factor ETF by 281.5% in the 4th quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after purchasing an additional 183 shares during the last quarter. Provence Wealth Management Group bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $54,000. Finally, Richardson Financial Services Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $56,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.7 %

BATS MTUM opened at $198.80 on Thursday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The company has a 50-day moving average price of $185.74 and a two-hundred day moving average price of $176.14.

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.