Jmac Enterprises LLC Has $12.89 Million Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Jmac Enterprises LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.1% during the 3rd quarter, Holdings Channel reports. The firm owned 63,557 shares of the company’s stock after acquiring an additional 1,895 shares during the period. iShares MSCI USA Momentum Factor ETF comprises 2.1% of Jmac Enterprises LLC’s investment portfolio, making the stock its 9th biggest position. Jmac Enterprises LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $12,887,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in iShares MSCI USA Momentum Factor ETF by 642.4% in the first quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock worth $1,342,000 after buying an additional 6,199 shares during the last quarter. Financial Counselors Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter worth $205,000. CFO4Life Group LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1.3% in the first quarter. CFO4Life Group LLC now owns 124,220 shares of the company’s stock worth $23,273,000 after purchasing an additional 1,645 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 245.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 40,238 shares of the company’s stock worth $7,539,000 after purchasing an additional 28,580 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at about $562,000.

iShares MSCI USA Momentum Factor ETF Trading Up 2.3 %

Shares of BATS:MTUM opened at $209.47 on Thursday. The company’s 50 day moving average is $201.46 and its 200 day moving average is $193.91. The company has a market cap of $11.34 billion, a PE 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.

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.