Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $213.32 and last traded at $218.60, with a volume of 1275471 shares changing hands. The stock had previously closed at $208.99.
iShares MSCI USA Momentum Factor ETF Trading Up 3.8 %
The firm has a market capitalization of $15.56 billion, a PE ratio of 28.87 and a beta of 0.98. The stock’s 50 day moving average price is $216.68 and its two-hundred day moving average price is $208.63.
Institutional Trading of iShares MSCI USA Momentum Factor ETF
Several institutional investors and hedge funds have recently made changes to their positions in MTUM. NCM Capital Management LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. NCM Capital Management LLC now owns 1,044 shares of the company’s stock valued at $216,000 after purchasing an additional 44 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 1.7% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 2,736 shares of the company’s stock valued at $566,000 after buying an additional 45 shares during the last quarter. Gries Financial LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.6% during the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after buying an additional 48 shares during the period. LongView Wealth Management boosted its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after acquiring an additional 54 shares during the last quarter. Finally, MGB Wealth Management LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 7.7% in the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after acquiring an additional 56 shares during the period.
iShares MSCI USA Momentum Factor ETF Company 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.
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