iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Position Boosted by Tsfg LLC

Tsfg LLC increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 111,135.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,573 shares of the company’s stock after purchasing an additional 15,559 shares during the quarter. Tsfg LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,222,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Fortitude Family Office LLC lifted its stake in 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 valued at $25,000 after buying an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $33,000. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $43,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at $48,000.

iShares MSCI USA Momentum Factor ETF Stock Down 1.4 %

Shares of iShares MSCI USA Momentum Factor ETF stock traded down $2.88 during midday trading on Monday, hitting $206.90. The company’s stock had a trading volume of 1,026,117 shares. The firm has a market capitalization of $11.20 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The stock has a 50-day simple moving average of $211.56 and a 200-day simple moving average of $202.07.

About iShares MSCI USA Momentum Factor ETF

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.