World Equity Group Inc. Acquires 1,244 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

World Equity Group Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 85.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,696 shares of the company’s stock after acquiring an additional 1,244 shares during the period. World Equity Group Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $558,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MTUM. Signaturefd LLC grew its holdings in shares of 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 acquiring an additional 155 shares in the last quarter. Dakota Wealth Management lifted its stake in iShares MSCI USA Momentum Factor ETF by 19.5% in the third quarter. Dakota Wealth Management now owns 3,343 shares of the company’s stock valued at $678,000 after purchasing an additional 546 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in iShares MSCI USA Momentum Factor ETF by 16.7% in the third quarter. Arkadios Wealth Advisors now owns 2,203 shares of the company’s stock valued at $447,000 after purchasing an additional 316 shares during the last quarter. Fortitude Family Office LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after purchasing an additional 113 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 13.1% in the third quarter. Strategic Blueprint LLC now owns 3,751 shares of the company’s stock valued at $761,000 after purchasing an additional 433 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 5.2 %

iShares MSCI USA Momentum Factor ETF stock opened at $219.82 on Monday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The business’s 50 day simple moving average is $216.56 and its 200 day simple moving average is $207.93. The company has a market cap of $11.90 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.