Pinnacle Wealth Management Advisory Group LLC Raises Stock Position in iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,725 shares of the company’s stock after buying an additional 100 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $646,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 86.9% in the 2nd quarter. O Shaughnessy Asset Management LLC now owns 185 shares of the company’s stock valued at $32,000 after acquiring an additional 86 shares during the period. First Horizon Advisors Inc. increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 37.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,127 shares of the company’s stock valued at $541,000 after acquiring an additional 854 shares during the period. Baron Financial Group LLC increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 2.2% in the 2nd quarter. Baron Financial Group LLC now owns 50,010 shares of the company’s stock valued at $8,673,000 after acquiring an additional 1,100 shares during the period. First National Bank & Trust Co. of Newtown increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 27.7% in the 2nd quarter. First National Bank & Trust Co. of Newtown now owns 3,730 shares of the company’s stock valued at $647,000 after acquiring an additional 810 shares during the period. Finally, Eldridge Investment Advisors Inc. increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 9.6% in the 2nd quarter. Eldridge Investment Advisors Inc. now owns 49,198 shares of the company’s stock valued at $8,532,000 after acquiring an additional 4,305 shares during the period.

Shares of iShares Edge MSCI USA Momentum Factor ETF stock opened at $180.02 on Wednesday. The firm’s fifty day simple moving average is $177.56 and its 200-day simple moving average is $170.65. iShares Edge MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

Read More: Capital gains and your 401(k) or IRA

Institutional Ownership by Quarter for iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

Receive News & Ratings for iShares Edge MSCI USA Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Edge MSCI USA Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.