6,204 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Bought by Braun Bostich & Associates Inc.

Braun Bostich & Associates Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,204 shares of the company’s stock, valued at approximately $1,284,000. iShares MSCI USA Momentum Factor ETF makes up approximately 0.9% of Braun Bostich & Associates Inc.’s holdings, making the stock its 29th largest position.

A number of other large investors have also modified their holdings of MTUM. Fortitude Family Office LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Abich Financial Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth approximately $33,000. Signaturefd LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth 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 in the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $220.73 on Wednesday. The business’s 50 day moving average price is $211.92 and its 200-day moving average price is $202.73. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm has a market capitalization of $11.95 billion, a price-to-earnings 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.