Canandaigua National Trust Co of Florida Makes New $313,000 Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Canandaigua National Trust Co of Florida bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,512 shares of the company’s stock, valued at approximately $313,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MTUM. Mercer Global Advisors Inc. ADV lifted its position in 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 purchasing an additional 213,637 shares during the last quarter. Assetmark Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.5% during the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after buying an additional 72,891 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after buying an additional 26,235 shares during the last quarter. FMR LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after buying an additional 73,442 shares during the period. Finally, LPL Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after buying an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.6 %

MTUM stock traded up $3.28 during trading on Monday, reaching $211.26. 794,967 shares of the company’s stock were exchanged. The firm has a market cap of $11.44 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company’s fifty day moving average price is $210.97 and its 200-day moving average price is $201.53.

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.