Jefferies Financial Group Inc. Acquires 18,061 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Jefferies Financial Group Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 843.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 20,203 shares of the company’s stock after buying an additional 18,061 shares during the period. Jefferies Financial Group Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,057,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MTUM. Dagco Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $25,000. Eagle Bay Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $26,000. United Financial Planning Group LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $28,000. Finally, Howe & Rusling Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 425.0% in the third quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock valued at $32,000 after acquiring an additional 102 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $303.60 on Tuesday. The company has a market cap of $22.16 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $223.47 and a twelve month high of $307.96. The company has a 50 day moving average of $270.51 and a two-hundred day moving average of $258.25.

iShares MSCI USA Momentum Factor ETF Company 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.