iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $213.32 and last traded at $218.25, with a volume of 1275471 shares. The stock had previously closed at $208.99.
iShares MSCI USA Momentum Factor ETF Stock Up 1.8 %
The company has a market capitalization of $15.26 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. The stock’s 50-day simple moving average is $217.33 and its two-hundred day simple moving average is $209.47.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Duncker Streett & Co. Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp acquired a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $30,000. Mainstream Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $31,000. Sunbelt Securities Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 465.5% during the fourth quarter. Sunbelt Securities Inc. now owns 164 shares of the company’s stock worth $34,000 after buying an additional 135 shares in the last quarter. Finally, Operose Advisors LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 48.0% in the fourth quarter. Operose Advisors LLC now owns 188 shares of the company’s stock valued at $39,000 after buying an additional 61 shares during the last quarter.
About iShares MSCI USA Momentum Factor ETF
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.
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