Brogan Financial Inc. Increases Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Brogan Financial Inc. raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,692 shares of the company’s stock after purchasing an additional 76 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises 0.3% of Brogan Financial Inc.’s investment portfolio, making the stock its 23rd biggest position. Brogan Financial Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $388,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Summit Wealth Group LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 16,086.2% in the 1st quarter. Summit Wealth Group LLC now owns 10,831,939 shares of the company’s stock worth $78,000 after acquiring an additional 10,765,018 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,777.3% in the 4th quarter. Captrust Financial Advisors now owns 1,744,129 shares of the company’s stock worth $254,521,000 after acquiring an additional 1,651,221 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 98,060.1% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 903,073 shares of the company’s stock worth $130,485,000 after acquiring an additional 902,153 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $170,936,000. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.8% in the 1st quarter. Mercer Global Advisors Inc. ADV now owns 5,770,484 shares of the company’s stock worth $802,328,000 after acquiring an additional 416,979 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock traded up $0.34 during trading hours on Monday, hitting $149.98. The company had a trading volume of 283,789 shares. The company’s fifty day moving average is $142.09 and its 200 day moving average is $142.37. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The stock has a market capitalization of $9.33 billion, a PE ratio of 19.35 and a beta of 0.91.

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.