Atria Investments Inc Increases Position in iShares MSCI USA Momentum Factor ETF $MTUM

Atria Investments Inc raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 37.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 134,753 shares of the company’s stock after purchasing an additional 36,422 shares during the period. Atria Investments Inc’s holdings in iShares MSCI USA Momentum Factor ETF were worth $33,730,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of MTUM. Summit Wealth Group LLC Co. acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $1,840,000. Ameritas Advisory Services LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 645.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 133,688 shares of the company’s stock valued at $33,464,000 after purchasing an additional 115,746 shares in the last quarter. Independent Advisor Alliance acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $321,000. World Investment Advisors boosted its holdings in iShares MSCI USA Momentum Factor ETF by 178.4% in the fourth quarter. World Investment Advisors now owns 31,860 shares of the company’s stock valued at $7,975,000 after purchasing an additional 20,416 shares in the last quarter. Finally, Empire Life Investments Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 4.3% in the fourth quarter. Empire Life Investments Inc. now owns 2,400 shares of the company’s stock valued at $601,000 after purchasing an additional 100 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.7%

Shares of MTUM opened at $305.40 on Thursday. The stock has a 50 day moving average price of $261.97 and a 200 day moving average price of $255.70. The company has a market capitalization of $22.29 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52-week low of $223.47 and a 52-week high of $307.86.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.