15,144 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Purchased by Madrona Financial Services LLC

Madrona Financial Services LLC acquired a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,144 shares of the company’s stock, valued at approximately $3,134,000.

Other hedge funds have also recently bought and sold shares of the company. Fortitude Family Office LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $33,000. Signaturefd LLC raised its stake in shares of 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. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth about $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $222.34 on Thursday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The business has a 50-day moving average of $212.29 and a 200-day moving average of $203.02. The company has a market capitalization of $12.04 billion, a PE ratio of 18.53 and a beta of 1.10.

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.