iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Regal Investment Advisors LLC

Regal Investment Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 27.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,854 shares of the company’s stock after purchasing an additional 4,515 shares during the period. Regal Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,348,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MTUM. TFC Financial Management Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $28,000. Howe & Rusling Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 425.0% in the third quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock valued at $32,000 after acquiring an additional 102 shares during the last quarter. Ameriflex Group Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 604.3% during the third quarter. Ameriflex Group Inc. now owns 162 shares of the company’s stock valued at $42,000 after acquiring an additional 139 shares during the period. WFA of San Diego LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $46,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in iShares MSCI USA Momentum Factor ETF by 397.8% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the company’s stock valued at $57,000 after acquiring an additional 179 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 0.2%

MTUM stock opened at $243.44 on Friday. The company has a market cap of $17.77 billion, a PE ratio of 28.67 and a beta of 1.02. The stock has a 50-day moving average price of $253.47 and a two-hundred day moving average price of $251.84. iShares MSCI USA Momentum Factor ETF has a 12-month low of $171.51 and a 12-month high of $262.10.

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.