Retirement Wealth Solutions LLC Purchases Shares of 2,372 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Retirement Wealth Solutions LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,372 shares of the company’s stock, valued at approximately $491,000.

Several other large investors also recently made changes to their positions in MTUM. Park Avenue Securities LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,055.4% during the fourth quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after purchasing an additional 463,387 shares during the last quarter. Citigroup Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after buying an additional 234,524 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 455.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock worth $33,952,000 after buying an additional 129,521 shares during the last quarter. FMR LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after acquiring an additional 73,442 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $217.36 on Friday. The business’s 50-day simple moving average is $211.85 and its 200 day simple moving average is $202.52. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The firm has a market capitalization of $11.77 billion, a PE ratio of 18.53 and a beta of 1.10.

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.