Quantbot Technologies LP Makes New Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Quantbot Technologies LP bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 792 shares of the company’s stock, valued at approximately $164,000.

Other institutional investors also recently modified their holdings of the company. Duncker Streett & Co. Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $25,000. Mainstream Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the period. Finally, Realta Investment Advisors bought a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $49,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $200.78 on Monday. The stock has a market cap of $13.80 billion, a PE ratio of 27.42 and a beta of 0.99. The stock has a 50-day moving average of $214.93 and a 200-day moving average of $210.68. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77.

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.