Walser Wealth Management Company A Ltd Liability Co Acquires New Position in iShares MSCI USA Momentum Factor ETF $MTUM

Walser Wealth Management Company A Ltd Liability Co bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,923 shares of the company’s stock, valued at approximately $982,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bison Wealth LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after acquiring an additional 133 shares during the last quarter. Empowered Funds LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $2,488,000. Russell Investments Group Ltd. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 15.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock worth $234,000 after purchasing an additional 128 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth $350,000. Finally, Qube Research & Technologies Ltd increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 543.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock worth $30,631,000 after purchasing an additional 107,665 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $338.52 on Friday. The stock has a market capitalization of $24.71 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $339.83. The business has a fifty day moving average price of $298.01 and a 200-day moving average price of $267.65.

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.