One Wealth Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,081 shares of the company’s stock, valued at approximately $1,258,000.
A number of other large investors have also modified their holdings of MTUM. Canandaigua National Trust Co of Florida acquired a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $313,000. Global Wealth Strategies & Associates increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1.8% in the fourth quarter. Global Wealth Strategies & Associates now owns 49,162 shares of the company’s stock valued at $10,173,000 after buying an additional 881 shares in the last quarter. 1ST Source Bank acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $219,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $227,000. Finally, World Investment Advisors LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 101.4% during the 3rd quarter. World Investment Advisors LLC now owns 7,739 shares of the company’s stock valued at $1,569,000 after buying an additional 3,897 shares in the last quarter.
iShares MSCI USA Momentum Factor ETF Trading Up 0.3 %
BATS:MTUM traded up $0.64 during trading hours on Tuesday, hitting $211.90. 794,199 shares of the stock were exchanged. The firm’s fifty day moving average price is $211.06 and its 200 day moving average price is $201.63. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company has a market cap of $11.47 billion, a P/E ratio of 18.53 and a beta of 1.10.
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.
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