Everpar Advisors LLC Makes New $204,000 Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Everpar Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,008 shares of the company’s stock, valued at approximately $204,000.

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

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $204.31 on Wednesday. The company has a market capitalization of $11.06 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a fifty day moving average price of $193.99 and a 200-day moving average price of $190.65. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year 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.