Traders Purchase High Volume of iShares MSCI USA Momentum Factor ETF Put Options (BATS:MTUM)

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) saw unusually large options trading activity on Tuesday. Traders acquired 7,272 put options on the stock. This represents an increase of 82% compared to the average volume of 4,005 put options.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. NCM Capital Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% during the fourth quarter. NCM Capital Management LLC now owns 1,044 shares of the company’s stock worth $216,000 after purchasing an additional 44 shares during the last quarter. Mosaic Family Wealth Partners LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 1.7% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 2,736 shares of the company’s stock valued at $566,000 after purchasing an additional 45 shares during the period. Gries Financial LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after purchasing an additional 48 shares during the period. LongView Wealth Management lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after buying an additional 54 shares during the last quarter. Finally, MGB Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.7% during the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after buying an additional 56 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM traded up $6.12 on Tuesday, reaching $215.11. The company had a trading volume of 1,275,471 shares. The company’s fifty day moving average is $216.59 and its 200-day moving average is $208.40. The firm has a market capitalization of $15.43 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60.

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.