iShares MSCI USA Momentum Factor ETF $MTUM Stock Holdings Increased by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 50.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,725 shares of the company’s stock after buying an additional 908 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $655,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MTUM. Harbor Investment Advisory LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 262.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after buying an additional 118 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock worth $52,000 after acquiring an additional 67 shares during the last quarter. Hilltop National Bank acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth $55,000. Fortitude Family Office LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 109.0% during the second quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock worth $61,000 after acquiring an additional 133 shares in the last quarter. Finally, Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $65,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $242.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99. The business’s 50-day moving average price is $253.20 and its two-hundred day moving average price is $242.22. The company has a market capitalization of $17.68 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.