Traders Purchase Large Volume of iShares MSCI USA Momentum Factor ETF Put Options (BATS:MTUM)

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) was the target of unusually large options trading on Tuesday. Stock traders purchased 13,556 put options on the company. This is an increase of 590% compared to the typical volume of 1,964 put options.

iShares MSCI USA Momentum Factor ETF Stock Up 0.2 %

BATS MTUM opened at $215.27 on Wednesday. The firm has a market cap of $11.66 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50 day moving average is $208.19 and its 200-day moving average is $198.20. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

Institutional Trading of iShares MSCI USA Momentum Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $227,000. World Investment Advisors LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 101.4% in the third quarter. World Investment Advisors LLC now owns 7,739 shares of the company’s stock worth $1,569,000 after buying an additional 3,897 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 455.1% in the third quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after acquiring an additional 129,521 shares during the period. Sculati Wealth Management LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 12.8% during the third quarter. Sculati Wealth Management LLC now owns 1,270 shares of the company’s stock valued at $238,000 after acquiring an additional 144 shares in the last quarter. Finally, M&T Bank Corp increased its holdings in iShares MSCI USA Momentum Factor ETF by 49.5% during the 3rd quarter. M&T Bank Corp now owns 66,870 shares of the company’s stock worth $13,559,000 after acquiring an additional 22,130 shares during the period.

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.