Physician Wealth Advisors Inc. Raises Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Physician Wealth Advisors Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 7,927 shares of the company’s stock after purchasing an additional 60 shares during the period. Physician Wealth Advisors Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,440,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $29,000. Able Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $28,000. Sound Income Strategies LLC grew its position in iShares MSCI USA Momentum Factor ETF by 281.5% during the 4th quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after purchasing an additional 183 shares during the last quarter. Baker Avenue Asset Management LP grew its position in iShares MSCI USA Momentum Factor ETF by 46.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after purchasing an additional 89 shares during the last quarter. Finally, Richardson Financial Services Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $56,000.

iShares MSCI USA Momentum Factor ETF Trading Down 0.1 %

Shares of BATS:MTUM traded down $0.19 during midday trading on Friday, hitting $194.87. The stock had a trading volume of 550,589 shares. The company has a market capitalization of $10.55 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a 50 day moving average price of $187.75 and a two-hundred day moving average price of $178.33. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year 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.