Ameriprise Financial Inc. Has $65.74 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)
Ameriprise Financial Inc. trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 15.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 460,549 shares of the company’s stock after selling 84,222 shares during the period. Ameriprise Financial Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $65,737,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Captrust Financial Advisors increased its stake in iShares MSCI USA Momentum Factor ETF by 1,777.3% during the 4th quarter. Captrust Financial Advisors now owns 1,744,129 shares of the company’s stock worth $254,521,000 after purchasing an additional 1,651,221 shares in the last quarter. Cerity Partners LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 37,248.7% during the 2nd quarter. Cerity Partners LLC now owns 1,240,723 shares of the company’s stock worth $178,974,000 after purchasing an additional 1,237,401 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in iShares MSCI USA Momentum Factor ETF by 7.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,227,827 shares of the company’s stock worth $898,364,000 after purchasing an additional 457,343 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock worth $965,864,000 after purchasing an additional 277,017 shares in the last quarter. Finally, BlackRock Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 17.7% during the 2nd quarter. BlackRock Inc. now owns 1,256,689 shares of the company’s stock worth $181,277,000 after purchasing an additional 188,883 shares in the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Performance
BATS MTUM opened at $185.66 on Monday. The business has a 50 day simple moving average of $170.68 and a 200 day simple moving average of $154.77. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The stock has a market cap of $11.55 billion, a price-to-earnings 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.
See Also
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