iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by Kingfisher Capital LLC

Kingfisher Capital LLC raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 68.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,468 shares of the company’s stock after acquiring an additional 1,407 shares during the quarter. Kingfisher Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $703,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Arizona PSPRS Trust purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth approximately $69,276,000. Citigroup Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 1,266.9% in the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after acquiring an additional 234,524 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after acquiring an additional 213,637 shares during the period. Symmetry Partners LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 62.7% in the 2nd quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after buying an additional 208,691 shares during the period. Finally, Foster Group Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 281.1% during the 2nd 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 in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $215.25 on Friday. The company’s 50 day moving average price is $207.40 and its 200 day moving average price is $197.43. The firm has a market capitalization of $11.66 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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.