Flow Traders U.S. LLC Purchases New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,162 shares of the company’s stock, valued at approximately $2,466,000.

Other institutional investors have also recently made changes to their positions in the company. Arizona PSPRS Trust bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth about $69,276,000. Citigroup Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after buying an additional 234,524 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after buying an additional 213,637 shares during the last quarter. Symmetry Partners LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 62.7% in the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after buying an additional 208,691 shares during the period. Finally, Foster Group Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.1% in the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after buying an additional 205,017 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 0.6 %

BATS:MTUM opened at $216.52 on Friday. The company has a market cap of $11.72 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a fifty day simple moving average of $207.70 and a 200-day simple moving average of $197.75.

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.