12,839 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Purchased by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,839 shares of the company’s stock, valued at approximately $2,657,000. iShares MSCI USA Momentum Factor ETF makes up 1.7% of Cobblestone Asset Management LLC’s portfolio, making the stock its 18th largest holding.

A number of other large investors have also recently bought and sold shares of the company. Two West Capital Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $242,000. Center For Asset Management LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.1% during the 4th quarter. Center For Asset Management LLC now owns 6,783 shares of the company’s stock worth $1,403,000 after purchasing an additional 267 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 97.6% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 38,302 shares of the company’s stock valued at $7,926,000 after buying an additional 18,922 shares during the last quarter. Strategic Investment Advisors MI grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.9% in the fourth quarter. Strategic Investment Advisors MI now owns 31,808 shares of the company’s stock valued at $6,582,000 after buying an additional 1,494 shares in the last quarter. Finally, Armbruster Capital Management Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 0.6% during the fourth quarter. Armbruster Capital Management Inc. now owns 201,344 shares of the company’s stock worth $41,662,000 after buying an additional 1,253 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $222.97 on Monday. The company has a fifty day moving average price of $212.86 and a two-hundred day moving average price of $203.35. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The stock has a market cap of $12.07 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.