iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Holdings Lifted by Fifth Third Bancorp

Fifth Third Bancorp grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,478 shares of the company’s stock after buying an additional 452 shares during the period. Fifth Third Bancorp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares during the period. AdvisorNet Financial Inc lifted its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares during the period. Signaturefd LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Arizona PSPRS Trust grew its position in iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after buying an additional 7,115 shares in the last quarter. Finally, Stonehearth Capital Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1.2% during the 3rd quarter. Stonehearth Capital Management LLC now owns 178,494 shares of the company’s stock valued at $36,192,000 after buying an additional 2,083 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 3.5 %

Shares of BATS:MTUM opened at $216.31 on Thursday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market cap of $11.71 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50 day moving average of $213.05 and a 200-day moving average of $203.59.

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.