Stone House Investment Management LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 4.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 37,387 shares of the company’s stock after purchasing an additional 1,544 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 1.7% of Stone House Investment Management LLC’s investment portfolio, making the stock its 19th largest position. Stone House Investment Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,985,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Mullooly Asset Management Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter valued at approximately $2,162,511,000. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 9.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,639,702 shares of the company’s stock worth $3,037,545,000 after acquiring an additional 1,094,104 shares during the period. CHURCHILL MANAGEMENT Corp purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth $220,286,000. Orgel Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $158,559,000. Finally, Park Avenue Securities LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $109,923,000.
iShares MSCI USA Momentum Factor ETF Stock Performance
Shares of iShares MSCI USA Momentum Factor ETF stock opened at $250.11 on Thursday. The stock has a market cap of $18.26 billion, a P/E ratio of 28.67 and a beta of 1.02. The stock’s fifty day moving average is $252.71 and its 200 day moving average is $239.30. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99.
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.
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