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

Savant Capital LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 10.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,108,786 shares of the company’s stock after purchasing an additional 100,463 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 2.2% of Savant Capital LLC’s portfolio, making the stock its 7th largest position. Savant Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $173,957,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV lifted its stake in 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 in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock worth $965,864,000 after buying an additional 277,017 shares in the last quarter. Invst LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $24,213,000. Assetmark Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the 3rd quarter. Assetmark Inc. now owns 1,584,283 shares of the company’s stock valued at $221,324,000 after purchasing an additional 137,311 shares during the last quarter. Finally, Royal Bank of Canada raised its position in iShares MSCI USA Momentum Factor ETF by 36.3% in the third quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock worth $71,195,000 after acquiring an additional 135,609 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 1.5 %

Shares of MTUM stock traded down $2.61 on Tuesday, hitting $177.13. 727,210 shares of the stock were exchanged. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm’s 50 day moving average is $183.47 and its two-hundred day moving average is $165.11. The firm has a market capitalization of $9.72 billion, a PE ratio of 19.19 and a beta of 1.10.

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.