iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Position Increased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 968,040 shares of the company’s stock after buying an additional 174 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 1.79% of iShares MSCI USA Momentum Factor ETF worth $196,280,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of MTUM. Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter valued at $48,000. Dorsey & Whitney Trust CO LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $285,000. VitalStone Financial LLC grew its position in iShares MSCI USA Momentum Factor ETF by 7,300.0% in the 2nd quarter. VitalStone Financial LLC now owns 518 shares of the company’s stock worth $101,000 after purchasing an additional 511 shares during the last quarter. Eagle Strategies LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $574,000. Finally, New England Private Wealth Advisors LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.4% during the second quarter. New England Private Wealth Advisors LLC now owns 9,757 shares of the company’s stock valued at $1,901,000 after buying an additional 136 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 0.5 %

MTUM traded up $0.95 during trading hours on Friday, hitting $209.78. The company’s stock had a trading volume of 943,283 shares. The company has a 50-day simple moving average of $211.40 and a 200 day simple moving average of $201.85. The firm has a market capitalization of $11.36 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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.