iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Holdings Lifted by Shore Point Advisors LLC

Shore Point Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,017 shares of the company’s stock after acquiring an additional 286 shares during the period. Shore Point Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,038,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. Fortitude Family Office LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in 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. Signaturefd LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $43,000.

iShares MSCI USA Momentum Factor ETF Trading Up 4.0 %

Shares of MTUM opened at $217.36 on Monday. The business’s 50-day moving average price is $211.85 and its 200 day moving average price is $202.60. The stock has a market capitalization of $11.77 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.

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.