23,341 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Purchased by Keystone Financial Group

Keystone Financial Group acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,341 shares of the company’s stock, valued at approximately $4,844,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Duncker Streett & Co. Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $30,000. Mainstream Capital Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 6.2 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $196.14 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $229.77. The stock has a market capitalization of $13.50 billion, a price-to-earnings ratio of 27.38 and a beta of 1.00. The business’s 50 day simple moving average is $208.71 and its 200-day simple moving average is $209.93.

iShares MSCI USA Momentum Factor ETF 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.