iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,551,417 shares of the company’s stock after acquiring an additional 213,637 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 3.7% of Mercer Global Advisors Inc. ADV’s holdings, making the stock its 5th largest holding. Mercer Global Advisors Inc. ADV owned 13.95% of iShares MSCI USA Momentum Factor ETF worth $1,463,815,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MTUM. Thoroughbred Financial Services LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.4% in the second quarter. Thoroughbred Financial Services LLC now owns 6,518 shares of the company’s stock worth $1,270,000 after purchasing an additional 151 shares during the last quarter. SYM FINANCIAL Corp purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $203,000. New England Private Wealth Advisors LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.4% in the second quarter. New England Private Wealth Advisors LLC now owns 9,757 shares of the company’s stock worth $1,901,000 after purchasing an additional 136 shares during the last quarter. Eagle Strategies LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $574,000. Finally, VitalStone Financial LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 7,300.0% in the second quarter. VitalStone Financial LLC now owns 518 shares of the company’s stock worth $101,000 after purchasing an additional 511 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

Shares of BATS:MTUM opened at $197.13 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The stock has a market cap of $10.67 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business has a 50-day moving average price of $191.78 and a 200-day moving average price of $189.06.

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.