Endeavor Private Wealth Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 53.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,119 shares of the company’s stock after buying an additional 4,911 shares during the period. Endeavor Private Wealth Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,534,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of MTUM. Dagco Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Triumph Capital Management purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $25,000. Cary Street Partners Financial LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $26,000. Finally, United Financial Planning Group LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $28,000.
iShares MSCI USA Momentum Factor ETF Price Performance
BATS MTUM opened at $306.47 on Monday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.29 and a 1 year high of $331.49. The stock has a market capitalization of $22.37 billion, a PE ratio of 28.67 and a beta of 1.02. The company’s 50 day simple moving average is $283.55 and its two-hundred day simple moving average is $262.66.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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