Mosley Wealth Management Boosts Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Mosley Wealth Management boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 137.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,820 shares of the company’s stock after purchasing an additional 5,679 shares during the period. iShares MSCI USA Momentum Factor ETF makes up approximately 1.3% of Mosley Wealth Management’s portfolio, making the stock its 17th biggest holding. Mosley Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,124,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $502,000. Quantbot Technologies LP purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $164,000. Independent Solutions Wealth Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $1,274,000. SigFig Wealth Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $2,251,000. Finally, Absolute Capital Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $400,000.

iShares MSCI USA Momentum Factor ETF Trading Down 2.1 %

MTUM opened at $204.64 on Friday. The company has a fifty day simple moving average of $215.34 and a 200 day simple moving average of $209.94. The firm has a market cap of $14.07 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $229.77.

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.