iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by NorthRock Partners LLC

NorthRock Partners LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1,310.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,040 shares of the company’s stock after purchasing an additional 33,485 shares during the period. NorthRock Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $9,242,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Successful Portfolios LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the 3rd quarter. Successful Portfolios LLC now owns 1,412 shares of the company’s stock worth $362,000 after purchasing an additional 40 shares in the last quarter. Centurion Wealth Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 0.7% in the 3rd quarter. Centurion Wealth Management LLC now owns 5,764 shares of the company’s stock valued at $1,478,000 after buying an additional 42 shares in the last quarter. Silverlake Wealth Management LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1.1% during the 2nd quarter. Silverlake Wealth Management LLC now owns 3,917 shares of the company’s stock valued at $941,000 after buying an additional 43 shares during the last quarter. Armstrong Advisory Group Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 1.1% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,961 shares of the company’s stock valued at $1,016,000 after buying an additional 43 shares during the last quarter. Finally, LifeSteps Financial Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 2.3% during the third quarter. LifeSteps Financial Inc. now owns 1,920 shares of the company’s stock worth $492,000 after buying an additional 44 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.2%

BATS MTUM opened at $243.44 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $171.51 and a fifty-two week high of $262.10. The stock has a market cap of $17.77 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The business has a fifty day moving average of $253.47 and a 200-day moving average of $251.84.

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.