15,547 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Spectrum Wealth Counsel LLC

Spectrum Wealth Counsel LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,547 shares of the company’s stock, valued at approximately $3,217,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in 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 worth $41,000 after acquiring an additional 188 shares during the last quarter. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $43,000. AdvisorNet Financial Inc lifted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares in the last quarter. Realta Investment Advisors bought a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $49,000. Finally, JDM Financial Group LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $50,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $218.62 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm’s 50 day moving average price is $217.23 and its two-hundred day moving average price is $208.96. The firm has a market cap of $15.69 billion, a P/E ratio of 28.87 and a beta of 0.98.

iShares MSCI USA Momentum Factor ETF Company 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.