Arcadia Wealth Management LLC Has $256,000 Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Arcadia Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,237 shares of the company’s stock after buying an additional 107 shares during the period. Arcadia Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $256,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,055.4% in the fourth quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after acquiring an additional 463,387 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 140.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock worth $87,961,000 after purchasing an additional 248,600 shares during the period. Citigroup Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after purchasing an additional 234,524 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 245.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock worth $46,564,000 after buying an additional 159,916 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 455.1% in the third quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after buying an additional 129,521 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $219.95 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company has a market cap of $11.91 billion, a PE ratio of 18.53 and a beta of 1.10. The firm has a 50-day moving average of $213.15 and a 200-day moving average of $203.68.

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.