iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by Tyler Stone Wealth Management

Tyler Stone Wealth Management grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 99.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,830 shares of the company’s stock after purchasing an additional 3,902 shares during the quarter. Tyler Stone Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,588,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after buying an additional 213,637 shares during the period. Assetmark Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 4.5% during the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares during the last quarter. Symmetry Partners LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 62.7% during the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after acquiring an additional 208,691 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 6.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 390,151 shares of the company’s stock worth $76,029,000 after purchasing an additional 22,091 shares during the period. Finally, Arizona PSPRS Trust purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth about $69,276,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS:MTUM traded up $3.38 during trading on Friday, reaching $213.84. 13,786,557 shares of the stock were exchanged. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm’s 50-day moving average price is $202.10 and its 200 day moving average price is $194.40. The firm has a market cap of $11.58 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.