Turtle Creek Wealth Advisors LLC Buys Shares of 453 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Turtle Creek Wealth Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 453 shares of the company’s stock, valued at approximately $88,000.

Several other large investors also recently added to or reduced their stakes in MTUM. Farther Finance Advisors LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,294 shares of the company’s stock valued at $253,000 after purchasing an additional 439 shares during the last quarter. Sollinda Capital Management LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 6,041.1% in the 2nd quarter. Sollinda Capital Management LLC now owns 81,861 shares of the company’s stock valued at $15,952,000 after purchasing an additional 80,528 shares during the last quarter. Equita Financial Network Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $209,000. Foster Group Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 281.1% in the 2nd quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock valued at $54,162,000 after purchasing an additional 205,017 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $145,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock traded up $2.84 during trading hours on Friday, hitting $197.37. The company’s stock had a trading volume of 463,505 shares. The firm has a fifty day moving average of $192.66 and a 200-day moving average of $187.86. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market cap of $10.69 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.