Wellington Shields & Co. LLC Boosts Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Wellington Shields & Co. LLC increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 45.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 322 shares of the company’s stock after acquiring an additional 100 shares during the quarter. Wellington Shields & Co. LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $67,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th 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. AdvisorNet Financial Inc grew its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares in the last quarter. Vontobel Holding Ltd. bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $432,000. Kingsview Wealth Management LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after acquiring an additional 202 shares in the last quarter. Finally, Summit X LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,416.6% during the 4th quarter. Summit X LLC now owns 22,142 shares of the company’s stock worth $4,582,000 after acquiring an additional 20,682 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $202.19 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The stock has a market cap of $13.90 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. The firm’s 50-day moving average is $216.02 and its two-hundred day moving average is $209.64.

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.