Beacon Financial Planning Inc. Raises Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Beacon Financial Planning Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 178.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,336 shares of the company’s stock after acquiring an additional 4,063 shares during the period. iShares MSCI USA Momentum Factor ETF comprises about 0.8% of Beacon Financial Planning Inc.’s investment portfolio, making the stock its 20th biggest position. Beacon Financial Planning Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,311,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Fortitude Family Office LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of 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 valued at $41,000 after purchasing an additional 188 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth about $43,000. Finally, AdvisorNet Financial Inc increased its holdings in shares of 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 worth $45,000 after purchasing an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 5.5 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $220.43 on Wednesday. The firm has a market cap of $11.94 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a 50 day moving average of $213.49 and a 200 day moving average of $204.20. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.