iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 25.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,563 shares of the company’s stock after acquiring an additional 2,969 shares during the period. Peddock Capital Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,953,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MTUM. Regal Investment Advisors LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 45.5% during the 4th quarter. Regal Investment Advisors LLC now owns 2,358 shares of the company’s stock worth $370,000 after acquiring an additional 737 shares during the period. Barometer Capital Management Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $408,000. Gallagher Fiduciary Advisors LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 60.8% in the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 28,404 shares of the company’s stock valued at $4,456,000 after buying an additional 10,735 shares in the last quarter. Aspect Partners LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $694,000. Finally, Harbour Investments Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Harbour Investments Inc. now owns 37,476 shares of the company’s stock valued at $5,880,000 after buying an additional 605 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.0 %

iShares MSCI USA Momentum Factor ETF stock traded up $2.01 during trading hours on Wednesday, reaching $204.31. 524,276 shares of the company were exchanged. The firm has a market cap of $11.06 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock has a 50-day moving average of $193.99 and a 200 day moving average of $190.65. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.