United Advisor Group LLC Purchases 208 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

United Advisor Group LLC boosted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,006 shares of the company’s stock after buying an additional 208 shares during the quarter. United Advisor Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Harbor Investment Advisory LLC boosted its stake in shares of 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 valued at $39,000 after purchasing an additional 118 shares in the last quarter. GAMMA Investing LLC boosted its position 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 valued at $52,000 after buying an additional 67 shares during the period. Hilltop National Bank bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $55,000. Fortitude Family Office LLC grew its stake 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 valued at $61,000 after buying an additional 133 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $65,000.

iShares MSCI USA Momentum Factor ETF Trading Up 15.9%

BATS MTUM opened at $242.22 on Wednesday. The firm has a market cap of $17.68 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The stock has a 50-day moving average of $253.20 and a 200-day moving average of $242.22.

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.