Kathmere Capital Management LLC Has $43.39 Million Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Kathmere Capital Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,808 shares of the company’s stock after purchasing an additional 4,911 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 2.7% of Kathmere Capital Management LLC’s holdings, making the stock its 5th biggest position. Kathmere Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $43,392,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Bison Wealth LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after buying an additional 133 shares during the period. Empowered Funds LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $2,488,000. Russell Investments Group Ltd. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 15.1% during the second quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock worth $234,000 after acquiring an additional 128 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth $350,000. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 543.9% in the second quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock worth $30,631,000 after acquiring an additional 107,665 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $316.53 on Monday. The firm has a market capitalization of $23.11 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a one year low of $229.42 and a one year high of $345.59. The business has a fifty day moving average price of $311.78 and a 200-day moving average price of $273.85.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.