SRS Capital Advisors Inc. Buys 87 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SRS Capital Advisors Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 6,254 shares of the company’s stock after acquiring an additional 87 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $981,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Patton Albertson Miller Group LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $225,000. Strategic Investment Advisors MI acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $4,174,000. Professional Financial Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.2% during the 3rd quarter. Professional Financial Advisors LLC now owns 24,872 shares of the company’s stock worth $3,475,000 after purchasing an additional 771 shares during the last quarter. WealthShield Partners LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 6.8% during the 3rd quarter. WealthShield Partners LLC now owns 3,421 shares of the company’s stock worth $479,000 after purchasing an additional 218 shares during the last quarter. Finally, BluePath Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth $41,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM traded up $2.89 during trading on Friday, reaching $180.10. The stock had a trading volume of 949,231 shares. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The business’s 50-day moving average price is $183.47 and its 200-day moving average price is $165.78. The company has a market cap of $9.75 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.