iShares MSCI USA Momentum Factor ETF $MTUM Holdings Boosted by NorthRock Partners LLC

NorthRock Partners LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 34.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,555 shares of the company’s stock after buying an additional 648 shares during the quarter. NorthRock Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $614,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Teamwork Financial Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.6% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock valued at $411,000 after buying an additional 44 shares during the period. Trust Co. of Vermont boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 13.9% during the 1st quarter. Trust Co. of Vermont now owns 411 shares of the company’s stock valued at $83,000 after buying an additional 50 shares during the period. Vantage Point Financial LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.2% during the 2nd quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after buying an additional 51 shares during the period. CENTRAL TRUST Co boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 10.4% during the 1st quarter. CENTRAL TRUST Co now owns 572 shares of the company’s stock valued at $116,000 after buying an additional 54 shares during the period. Finally, Private Advisory Group LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.3% during the 1st quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock valued at $916,000 after buying an additional 57 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 21.6%

Shares of BATS:MTUM opened at $254.20 on Wednesday. The firm has a fifty day moving average of $249.70 and a two-hundred day moving average of $232.17. The firm has a market capitalization of $18.56 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99.

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.