Strategic Blueprint LLC Raises Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Strategic Blueprint LLC raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 18.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,074 shares of the company’s stock after buying an additional 4,790 shares during the quarter. Strategic Blueprint LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,713,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Harbor Investment Advisory LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after purchasing an additional 118 shares during the period. WFA of San Diego LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $46,000. GAMMA Investing LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 45.0% during the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock worth $52,000 after purchasing an additional 67 shares in the last quarter. Hilltop National Bank purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth $55,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 397.8% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the company’s stock valued at $57,000 after buying an additional 179 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $258.21 on Wednesday. The business has a 50-day moving average of $249.95 and a 200 day moving average of $247.63. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $240.99. The stock has a market capitalization of $18.85 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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