Thurston Springer Miller Herd & Titak Inc. Acquires 1,736 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 17,360.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,746 shares of the company’s stock after acquiring an additional 1,736 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $599,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Triumph Capital Management bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $25,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $25,000. Eagle Bay Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $26,000. Financial Network Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 176.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after buying an additional 67 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth about $26,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $309.32 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $229.42 and a fifty-two week high of $345.59. The firm has a 50-day moving average of $317.36 and a 200 day moving average of $283.30. The firm has a market cap of $22.58 billion, a P/E ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.