Firethorn Wealth Partners LLC Invests $271,000 in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Firethorn Wealth Partners LLC bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,309 shares of the company’s stock, valued at approximately $271,000.

Several other large investors also recently made changes to their positions in MTUM. LongView Wealth Management boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in 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. Householder Group Estate & Retirement Specialist LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after buying an additional 59 shares during the last quarter. MinichMacGregor Wealth Management LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after buying an additional 63 shares during the last quarter. GDS Wealth Management boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares during the last quarter. Finally, Tyche Wealth Partners LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.7% in the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after buying an additional 66 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 6.7 %

BATS:MTUM opened at $222.97 on Friday. The stock has a market capitalization of $12.07 billion, a PE ratio of 18.53 and a beta of 1.10. The firm’s 50 day moving average is $212.86 and its 200 day moving average is $203.33. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month 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.