Allworth Financial LP Has $2.16 Million Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Allworth Financial LP raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,742 shares of the company’s stock after buying an additional 132 shares during the quarter. Allworth Financial LP’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,163,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares in the last quarter. AdvisorNet Financial Inc lifted its position in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares in the last quarter. Signaturefd LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after purchasing an additional 202 shares in the last quarter. Finally, Arizona PSPRS Trust raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after purchasing an additional 7,115 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $229.31 on Wednesday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The firm has a market capitalization of $12.42 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50-day moving average is $215.50 and its 200 day moving average is $206.79.

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.