SigFig Wealth Management LLC Purchases New Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SigFig Wealth Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 10,827 shares of the company’s stock, valued at approximately $2,251,000.

Several other hedge funds have also added to or reduced their stakes in the company. Gries Financial LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1.6% in the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after acquiring an additional 48 shares during the last quarter. LongView Wealth Management boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth 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. MGB Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 7.7% during the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after buying an additional 56 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after buying an additional 57 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 5.8% during the fourth 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.

iShares MSCI USA Momentum Factor ETF Trading Down 2.5 %

Shares of MTUM opened at $203.82 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The stock has a market cap of $14.01 billion, a P/E ratio of 27.42 and a beta of 0.99. The stock’s 50-day moving average price is $215.44 and its two-hundred day moving average price is $209.76.

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.