Quotient Wealth Partners LLC Takes Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Quotient Wealth Partners LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 983 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares during the last quarter. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the last quarter. Arizona PSPRS Trust raised its stake in iShares MSCI USA Momentum Factor ETF by 2.0% during the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after purchasing an additional 7,115 shares during the period. Finally, Glenmede Trust Co. NA boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 38.7% in the 3rd quarter. Glenmede Trust Co. NA now owns 3,327 shares of the company’s stock valued at $675,000 after purchasing an additional 928 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 8.6 %

Shares of BATS MTUM opened at $226.95 on Tuesday. The stock has a market capitalization of $12.29 billion, a PE ratio of 18.53 and a beta of 1.10. The firm has a fifty day moving average of $214.13 and a 200-day moving average of $205.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week 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.