1,194 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Bought by Opulen Financial Group LLC

Opulen Financial Group LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,194 shares of the company’s stock, valued at approximately $247,000.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth $574,824,000. Assetmark Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.4% in the 4th quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock worth $362,297,000 after purchasing an additional 57,922 shares in the last quarter. Blue Trust Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 7.2% in the 4th quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock worth $253,541,000 after purchasing an additional 81,918 shares in the last quarter. Cerity Partners LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after purchasing an additional 26,235 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.7% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after purchasing an additional 35,468 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.8 %

Shares of MTUM stock opened at $212.74 on Thursday. The stock has a market cap of $15.26 billion, a P/E ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week high of $229.77. The company’s fifty day simple moving average is $217.33 and its two-hundred day simple moving average is $209.49.

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.