iShares MSCI USA Momentum Factor ETF Sees Unusually High Options Volume (BATS:MTUM)

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) saw unusually large options trading on Wednesday. Investors bought 15,355 put options on the company. This represents an increase of approximately 638% compared to the average daily volume of 2,081 put options.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

MTUM traded down $0.12 during trading on Wednesday, reaching $197.18. 458,905 shares of the company’s stock were exchanged. The company has a market capitalization of $10.68 billion, a P/E ratio of 18.53 and a beta of 1.10. The business has a 50 day moving average price of $191.78 and a 200 day moving average price of $189.06. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

Institutional Trading of iShares MSCI USA Momentum Factor ETF

Several institutional investors have recently made changes to their positions in MTUM. UMB Bank n.a. boosted its position in iShares MSCI USA Momentum Factor ETF by 1.0% in the first quarter. UMB Bank n.a. now owns 5,971 shares of the company’s stock valued at $1,119,000 after buying an additional 58 shares in the last quarter. Physician Wealth Advisors Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 0.8% in the 1st quarter. Physician Wealth Advisors Inc. now owns 7,927 shares of the company’s stock valued at $1,440,000 after purchasing an additional 60 shares during the last quarter. Bogart Wealth LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 13.9% in the first quarter. Bogart Wealth LLC now owns 532 shares of the company’s stock worth $100,000 after purchasing an additional 65 shares in the last quarter. First National Bank & Trust Co. of Newtown grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.4% during the first quarter. First National Bank & Trust Co. of Newtown now owns 4,630 shares of the company’s stock worth $867,000 after purchasing an additional 65 shares during the last quarter. Finally, Regal Investment Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.3% in the second quarter. Regal Investment Advisors LLC now owns 2,652 shares of the company’s stock valued at $517,000 after buying an additional 85 shares in the last quarter.

About iShares MSCI USA Momentum Factor ETF

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.