Colton Groome Financial Advisors LLC Makes New Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Colton Groome Financial Advisors LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,438 shares of the company’s stock, valued at approximately $269,000.

A number of other large investors have also added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV grew its position in shares of iShares MSCI USA Momentum Factor ETF by 5.1% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 6,545,629 shares of the company’s stock valued at $914,424,000 after acquiring an additional 317,802 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock valued at $1,120,677,000 after acquiring an additional 229,231 shares during the period. Invst LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $24,213,000. Royal Bank of Canada boosted its holdings in iShares MSCI USA Momentum Factor ETF by 36.3% in the 3rd quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock worth $71,195,000 after buying an additional 135,609 shares during the period. Finally, International Assets Investment Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth $17,092,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.2 %

iShares MSCI USA Momentum Factor ETF stock traded up $0.33 during mid-day trading on Monday, hitting $195.20. The stock had a trading volume of 450,290 shares. The firm has a market capitalization of $10.57 billion, a P/E ratio of 18.53 and a beta of 1.10. The firm’s 50 day moving average is $188.15 and its 200 day moving average is $178.79. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

iShares MSCI USA Momentum Factor ETF Company 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.