Quantbot Technologies LP Purchases New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Quantbot Technologies LP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, Holdings Channel reports. The fund acquired 792 shares of the company’s stock, valued at approximately $164,000.

Other institutional investors have also recently made changes to their positions in the company. Duncker Streett & Co. Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Mainstream Capital Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the period. AdvisorNet Financial Inc grew its position in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the period. Finally, Realta Investment Advisors bought a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth about $49,000.

iShares MSCI USA Momentum Factor ETF Stock Down 3.9 %

iShares MSCI USA Momentum Factor ETF stock opened at $200.78 on Monday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $229.77. The firm has a 50 day moving average price of $214.93 and a 200-day moving average price of $210.68. The company has a market capitalization of $13.80 billion, a P/E ratio of 27.42 and a beta of 0.99.

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.