iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Reaches New 1-Year High at $198.40

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) reached a new 52-week high on Monday . The company traded as high as $198.40 and last traded at $196.13, with a volume of 364920 shares. The stock had previously closed at $197.87.

iShares MSCI USA Momentum Factor ETF Trading Down 0.9 %

The company has a market cap of $10.55 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business has a fifty day moving average of $192.67 and a two-hundred day moving average of $187.59.

Hedge Funds Weigh In On iShares MSCI USA Momentum Factor ETF

Large investors have recently bought and sold shares of the business. First Personal Financial Services acquired a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth about $27,000. Woodmont Investment Counsel LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at approximately $28,000. GAMMA Investing LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at approximately $29,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $33,000. Finally, Able Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $28,000.

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.