Sound Income Strategies LLC Buys 108 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sound Income Strategies LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,594 shares of the company’s stock after purchasing an additional 108 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,571,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. LongView Wealth Management lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth 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. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.8% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after acquiring an additional 59 shares in the last quarter. MinichMacGregor Wealth Management LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 3.9% during the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after acquiring an additional 63 shares during the last quarter. GDS Wealth Management boosted its stake in 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 valued at $426,000 after acquiring an additional 65 shares in the last quarter. Finally, Tyche Wealth Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.7% in the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after purchasing an additional 66 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 7.0 %

Shares of MTUM opened at $223.65 on Friday. The firm has a market cap of $12.11 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a fifty day moving average price of $212.29 and a 200-day moving average price of $203.02.

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.