iShares MSCI USA Momentum Factor ETF $MTUM Stock Position Raised by WealthShield Partners LLC

WealthShield Partners LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 54.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,884 shares of the company’s stock after buying an additional 9,080 shares during the quarter. WealthShield Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Dagco Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $25,000. Eagle Bay Advisors LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $26,000. TFC Financial Management Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $28,000. Finally, United Financial Planning Group LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $28,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $299.18 on Thursday. The company has a 50-day simple moving average of $257.15 and a 200-day simple moving average of $253.96. iShares MSCI USA Momentum Factor ETF has a 52 week low of $213.59 and a 52 week high of $299.47. The firm has a market capitalization of $21.84 billion, a P/E ratio of 28.67 and a beta of 1.02.

iShares MSCI USA Momentum Factor ETF Company 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.