CFO4Life Group LLC Has $25.58 Million Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

CFO4Life Group LLC boosted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 123,597 shares of the company’s stock after buying an additional 1,426 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for 4.5% of CFO4Life Group LLC’s portfolio, making the stock its 7th biggest holding. CFO4Life Group LLC owned about 0.23% of iShares MSCI USA Momentum Factor ETF worth $25,575,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $574,824,000. Assetmark Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 3.4% during the 4th quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock valued at $362,297,000 after purchasing an additional 57,922 shares in the last quarter. Blue Trust Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 7.2% during the 4th quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock valued at $253,541,000 after purchasing an additional 81,918 shares in the last quarter. Cerity Partners LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after purchasing an additional 26,235 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 3.7% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock valued at $206,089,000 after purchasing an additional 35,468 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $199.96 on Thursday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77. The company has a 50-day moving average of $216.34 and a two-hundred day moving average of $209.60. The stock has a market cap of $14.35 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

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.