Clarus Wealth Advisors Boosts Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Clarus Wealth Advisors grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,551 shares of the company’s stock after purchasing an additional 469 shares during the period. Clarus Wealth Advisors’ holdings in iShares MSCI USA Momentum Factor ETF were worth $1,769,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares during the last quarter. Signaturefd LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares in the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000.

iShares MSCI USA Momentum Factor ETF Stock Up 1.0 %

BATS:MTUM opened at $208.99 on Wednesday. The firm has a 50 day moving average of $211.70 and a 200 day moving average of $202.24. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The stock has a market capitalization of $11.32 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.