Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 0.0% in the 4th quarter, HoldingsChannel reports. The firm owned 968,040 shares of the company’s stock after acquiring an additional 174 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $196,280,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ashton Thomas Private Wealth LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $48,000. Dorsey & Whitney Trust CO LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $285,000. VitalStone Financial LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 7,300.0% in the 2nd quarter. VitalStone Financial LLC now owns 518 shares of the company’s stock valued at $101,000 after acquiring an additional 511 shares in the last quarter. Eagle Strategies LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $574,000. Finally, New England Private Wealth Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1.4% during the 2nd quarter. New England Private Wealth Advisors LLC now owns 9,757 shares of the company’s stock valued at $1,901,000 after purchasing an additional 136 shares during the period.
iShares MSCI USA Momentum Factor ETF Stock Up 0.5 %
Shares of iShares MSCI USA Momentum Factor ETF stock traded up $0.95 during midday trading on Friday, hitting $209.78. The company’s stock had a trading volume of 943,283 shares. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The firm has a market capitalization of $11.36 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock has a 50-day simple moving average of $211.40 and a 200-day simple moving average of $201.85.
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.
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