Sollinda Capital Management LLC Purchases 81 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sollinda Capital Management LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,175 shares of the company’s stock after buying an additional 81 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 0.2% of Sollinda Capital Management LLC’s investment portfolio, making the stock its 27th biggest position. Sollinda Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $864,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $432,000. Kingsview Wealth Management LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after buying an additional 202 shares in the last quarter. Finally, Arizona PSPRS Trust raised its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after buying an additional 7,115 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $195.71 on Tuesday. The firm’s fifty day moving average price is $216.70 and its 200-day moving average price is $209.68. The stock has a market cap of $14.04 billion, a P/E ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77.

iShares MSCI USA Momentum Factor ETF 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.