Van Hulzen Asset Management LLC Has $4.48 Million Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Van Hulzen Asset Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 32.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,068 shares of the company’s stock after buying an additional 3,166 shares during the period. Van Hulzen Asset Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,480,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Beacon Financial Advisory LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 2.5% during the first quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock worth $361,000 after acquiring an additional 36 shares in the last quarter. Clark Capital Management Group Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 994 shares of the company’s stock worth $249,000 after purchasing an additional 41 shares in the last quarter. Integrity Financial Corp WA lifted its holdings in iShares MSCI USA Momentum Factor ETF by 5.4% during the 4th quarter. Integrity Financial Corp WA now owns 843 shares of the company’s stock valued at $211,000 after purchasing an additional 43 shares during the last quarter. 1ST Source Bank boosted its position in iShares MSCI USA Momentum Factor ETF by 4.9% in the first quarter. 1ST Source Bank now owns 944 shares of the company’s stock valued at $227,000 after buying an additional 44 shares in the last quarter. Finally, Aegis Wealth Management Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 4.4% in the first quarter. Aegis Wealth Management Inc. now owns 1,197 shares of the company’s stock valued at $287,000 after buying an additional 50 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 0.2%

BATS MTUM opened at $309.29 on Thursday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59. The company has a 50 day moving average of $307.87 and a 200-day moving average of $291.87. The firm has a market cap of $22.58 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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