Tradewinds LLC. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 24.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,333 shares of the company’s stock after buying an additional 2,047 shares during the quarter. Tradewinds LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,095,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Fortitude Family Office LLC raised its holdings in shares of 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 worth $25,000 after purchasing an additional 113 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at about $33,000. Signaturefd LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares during the last quarter. Wellington Shields & Co. LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter worth about $42,000. Finally, Capital Performance Advisors LLP purchased a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $43,000.
iShares MSCI USA Momentum Factor ETF Trading Up 0.3 %
iShares MSCI USA Momentum Factor ETF stock opened at $211.61 on Thursday. The firm has a market cap of $11.46 billion, a PE ratio of 18.53 and a beta of 1.10. The stock’s 50 day simple moving average is $205.31 and its two-hundred day simple moving average is $196.24. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.
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.
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