B. Riley Wealth Advisors Inc. Increases Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

B. Riley Wealth Advisors Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 38.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,239 shares of the company’s stock after acquiring an additional 2,285 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,544,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MTUM. Fifth Third Bancorp lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 6.4% in the 4th quarter. Fifth Third Bancorp now owns 5,521 shares of the company’s stock worth $866,000 after acquiring an additional 334 shares during the last quarter. Straight Path Wealth Management lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 8.8% in the 4th quarter. Straight Path Wealth Management now owns 60,393 shares of the company’s stock worth $9,475,000 after acquiring an additional 4,865 shares during the last quarter. Clear Creek Financial Management LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.0% in the 4th quarter. Clear Creek Financial Management LLC now owns 5,125 shares of the company’s stock worth $804,000 after acquiring an additional 148 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $17,092,000. Finally, Prime Capital Investment Advisors LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 8.8% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 36,995 shares of the company’s stock worth $5,804,000 after acquiring an additional 2,994 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 3.2 %

iShares MSCI USA Momentum Factor ETF stock opened at $190.97 on Thursday. The firm has a market capitalization of $10.34 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm has a 50-day moving average price of $193.34 and a 200-day moving average price of $184.56.

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.