Wealthspire Advisors LLC Buys Shares of 1,794 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Wealthspire Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,794 shares of the company’s stock, valued at approximately $371,000.

Other large investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares in the last quarter. AdvisorNet Financial Inc increased its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares in the last quarter. Vontobel Holding Ltd. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $432,000. Signaturefd LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the last quarter. Finally, Kingsview Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after purchasing an additional 202 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 4.3 %

Shares of MTUM opened at $218.03 on Thursday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The firm has a fifty day simple moving average of $216.78 and a 200 day simple moving average of $208.69. The stock has a market capitalization of $15.64 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

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.