AQR Capital Management LLC Buys Shares of 1,297 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

AQR Capital Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 1,297 shares of the company’s stock, valued at approximately $253,000.

A number of other large investors also recently modified their holdings of the business. Physician Wealth Advisors Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 0.8% in the first quarter. Physician Wealth Advisors Inc. now owns 7,927 shares of the company’s stock worth $1,440,000 after purchasing an additional 60 shares during the period. First Citizens Financial Corp increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.9% during the first quarter. First Citizens Financial Corp now owns 5,048 shares of the company’s stock valued at $946,000 after acquiring an additional 94 shares during the period. LongView Wealth Management raised its holdings in iShares MSCI USA Momentum Factor ETF by 3.9% during the first quarter. LongView Wealth Management now owns 2,675 shares of the company’s stock worth $501,000 after purchasing an additional 100 shares in the last quarter. Miracle Mile Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 5.4% during the second quarter. Miracle Mile Advisors LLC now owns 1,969 shares of the company’s stock worth $384,000 after purchasing an additional 101 shares in the last quarter. Finally, Lion Street Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 5.3% in the second quarter. Lion Street Advisors LLC now owns 2,062 shares of the company’s stock worth $402,000 after purchasing an additional 103 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $208.65 on Friday. The stock has a 50-day simple moving average of $198.03 and a 200 day simple moving average of $191.67. The stock has a market capitalization of $11.30 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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.