Professional Financial Advisors LLC Has $3.94 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Professional Financial Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,085 shares of the company’s stock after buying an additional 213 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.3% of Professional Financial Advisors LLC’s holdings, making the stock its 12th biggest holding. Professional Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,936,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MTUM. SRS Capital Advisors Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.1% in the 1st quarter. SRS Capital Advisors Inc. now owns 6,565 shares of the company’s stock valued at $913,000 after acquiring an additional 73 shares during the last quarter. Bessemer Group Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 6.4% during the 2nd quarter. Bessemer Group Inc. now owns 1,242 shares of the company’s stock worth $179,000 after purchasing an additional 75 shares in the last quarter. Blair William & Co. IL increased its stake in iShares MSCI USA Momentum Factor ETF by 1.0% during the 3rd quarter. Blair William & Co. IL now owns 7,318 shares of the company’s stock worth $1,022,000 after purchasing an additional 76 shares in the last quarter. Fortis Capital Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 44.9% during the 1st quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock worth $38,000 after purchasing an additional 84 shares in the last quarter. Finally, Baker Boyer National Bank boosted its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Baker Boyer National Bank now owns 3,380 shares of the company’s stock worth $472,000 after acquiring an additional 87 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM traded down $0.01 during trading hours on Thursday, reaching $187.72. 728,626 shares of the stock were exchanged. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a 50 day moving average of $178.33 and a 200 day moving average of $158.37. The stock has a market cap of $11.68 billion, a PE ratio of 19.35 and a beta of 0.91.

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.