LongView Wealth Management Buys 54 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

LongView Wealth Management increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,729 shares of the company’s stock after buying an additional 54 shares during the period. LongView Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $565,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Fortitude Family Office LLC raised 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 valued at $25,000 after purchasing an additional 113 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $33,000. Signaturefd LLC lifted its stake in shares of 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 valued at $33,000 after buying an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in 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 buying an additional 188 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at about $43,000.

iShares MSCI USA Momentum Factor ETF Trading Up 4.0 %

Shares of MTUM stock opened at $217.36 on Friday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The company has a market capitalization of $11.77 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock has a 50 day moving average of $211.85 and a two-hundred day moving average of $202.52.

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.