iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by Tradewinds LLC.

Tradewinds LLC. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 24.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,333 shares of the company’s stock after buying an additional 2,047 shares during the quarter. Tradewinds LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,095,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MinichMacGregor Wealth Management LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after acquiring an additional 63 shares during the last quarter. GDS Wealth Management lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares in the last quarter. Tyche Wealth Partners LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 2.7% during the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after acquiring an additional 66 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 0.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after acquiring an additional 66 shares in the last quarter. Finally, Eagle Strategies LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after acquiring an additional 77 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $211.61 on Thursday. The stock’s 50 day simple moving average is $205.31 and its 200-day simple moving average is $196.24. The stock has a market cap of $11.46 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year 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.