Perigon Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 23,554 shares of the company’s stock, valued at approximately $5,050,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares during the period. Signaturefd LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth 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 in the last quarter. Capital Performance Advisors LLP purchased a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter worth about $43,000. Finally, AdvisorNet Financial Inc increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares in the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Up 3.5 %
Shares of MTUM opened at $216.29 on Wednesday. The stock has a market cap of $11.71 billion, a P/E ratio of 18.53 and a beta of 1.10. The business’s 50 day moving average price is $212.94 and its 200-day moving average price is $203.47. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.
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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