iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by Flagstar Advisors Inc.

Flagstar Advisors Inc. grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 13.0% in the fourth quarter, Holdings Channel reports. The fund owned 3,475 shares of the company’s stock after purchasing an additional 401 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $719,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Gries Financial LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after purchasing an additional 48 shares in the last quarter. LongView Wealth Management grew its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after buying an additional 54 shares during the last quarter. MGB Wealth Management LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 7.7% in the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after acquiring an additional 56 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after purchasing an additional 57 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after purchasing an additional 59 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 9.7 %

Shares of BATS MTUM opened at $229.31 on Wednesday. The stock has a market cap of $12.42 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock has a 50 day moving average of $215.50 and a two-hundred day moving average of $206.79. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.