Planned Solutions Inc. Acquires New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Planned Solutions Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, Holdings Channel.com reports. The fund acquired 5,351 shares of the company’s stock, valued at approximately $840,000. iShares MSCI USA Momentum Factor ETF comprises approximately 0.4% of Planned Solutions Inc.’s holdings, making the stock its 25th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at approximately $31,000. Sound Income Strategies LLC lifted its holdings in shares of 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 valued at $39,000 after buying an additional 183 shares during the period. Fortis Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 44.9% during the 1st quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock valued at $38,000 after buying an additional 84 shares during the period. Baker Avenue Asset Management LP lifted its holdings in shares of 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 valued at $39,000 after buying an additional 89 shares during the period. Finally, BluePath Capital Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $41,000.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $187.72 on Thursday. The firm has a market capitalization of $11.68 billion, a price-to-earnings ratio of 19.35 and a beta of 0.91. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The business has a fifty day moving average price of $178.33 and a 200-day moving average price of $158.37.

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.