Bank Julius Baer & Co. Ltd Zurich Takes Position in iShares MSCI USA Momentum Factor ETF $MTUM

Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 7,340 shares of the company’s stock, valued at approximately $1,837,000.

A number of other large investors have also recently made changes to their positions in the stock. Western Wealth Management LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 17.1% during the 4th quarter. Western Wealth Management LLC now owns 14,453 shares of the company’s stock valued at $3,618,000 after buying an additional 2,108 shares in the last quarter. Allworth Financial LP lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 6.2% during the 4th quarter. Allworth Financial LP now owns 20,860 shares of the company’s stock valued at $5,222,000 after buying an additional 1,211 shares in the last quarter. Atria Investments Inc lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 37.0% during the 4th quarter. Atria Investments Inc now owns 134,753 shares of the company’s stock valued at $33,730,000 after buying an additional 36,422 shares in the last quarter. Summit Wealth Group LLC Co. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $1,840,000. Finally, Ameritas Advisory Services LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 645.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 133,688 shares of the company’s stock valued at $33,464,000 after buying an additional 115,746 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 2.9%

Shares of MTUM opened at $298.27 on Friday. The business’s 50 day moving average is $264.12 and its 200 day moving average is $256.36. The company has a market capitalization of $21.77 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $223.47 and a 12-month high of $307.96.

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.