iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Acquired by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.6% in the 4th quarter, Holdings Channel reports. The firm owned 1,975 shares of the company’s stock after purchasing an additional 104 shares during the period. SeaCrest Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $409,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fortitude Family Office LLC increased its stake in 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 buying an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth approximately $33,000. Signaturefd LLC increased its position in shares of 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 in the last quarter. Capital Performance Advisors LLP acquired a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $43,000. Finally, AdvisorNet Financial Inc lifted its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 2.6 %

iShares MSCI USA Momentum Factor ETF stock opened at $214.48 on Friday. The company has a fifty day simple moving average of $211.78 and a 200-day simple moving average of $202.37. The firm has a market capitalization of $11.61 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60.

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.