iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Raised by WealthShield Partners LLC

WealthShield Partners LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 425.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,709 shares of the company’s stock after acquiring an additional 11,908 shares during the quarter. WealthShield Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,044,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gries Financial LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after purchasing an additional 48 shares in the last quarter. LongView Wealth Management increased its stake in 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 purchasing an additional 54 shares in the last quarter. MGB Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 7.7% in the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after purchasing an additional 56 shares in the last quarter. D.A. Davidson & CO. increased its stake in iShares MSCI USA Momentum Factor ETF by 0.8% in the 4th quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after purchasing an additional 57 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC increased its stake in 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 purchasing an additional 59 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 5.2 %

Shares of MTUM opened at $219.82 on Monday. The business’s 50-day moving average price is $216.56 and its 200 day moving average price is $207.93. The stock has a market capitalization of $11.90 billion, a P/E ratio of 18.53 and a beta of 1.10. 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.