iShares MSCI USA Momentum Factor ETF $MTUM is Forefront Analytics LLC’s 8th Largest Position

Forefront Analytics LLC decreased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 52.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,234 shares of the company’s stock after selling 26,412 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for 5.3% of Forefront Analytics LLC’s portfolio, making the stock its 8th largest position. Forefront Analytics LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,816,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Bison Wealth LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after buying an additional 133 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth $2,488,000. Russell Investments Group Ltd. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 15.1% in the second quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock valued at $234,000 after acquiring an additional 128 shares during the last quarter. First Trust Advisors LP purchased a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $350,000. Finally, Qube Research & Technologies Ltd grew its position in iShares MSCI USA Momentum Factor ETF by 543.9% during the second quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock valued at $30,631,000 after acquiring an additional 107,665 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $314.24 on Thursday. The business has a 50-day moving average of $317.77 and a two-hundred day moving average of $279.54. The firm has a market capitalization of $22.94 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 $229.42 and a 12 month high of $345.59.

iShares MSCI USA Momentum Factor ETF 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.