5,280 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by PKS Advisory Services LLC

PKS Advisory Services LLC acquired a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,280 shares of the company’s stock, valued at approximately $1,093,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during 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 period. AdvisorNet Financial Inc boosted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the period. Vontobel Holding Ltd. bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $432,000. Kingsview Wealth Management LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after acquiring an additional 202 shares during the period. Finally, Summit X LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,416.6% in the fourth quarter. Summit X LLC now owns 22,142 shares of the company’s stock valued at $4,582,000 after purchasing an additional 20,682 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.8 %

Shares of MTUM opened at $210.65 on Tuesday. The firm has a 50-day moving average price of $215.41 and a 200 day moving average price of $210.21. The firm has a market capitalization of $14.48 billion, a PE ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77.

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.