BostonPremier Wealth LLC Makes New Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

BostonPremier Wealth LLC purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,263 shares of the company’s stock, valued at approximately $261,000.

A number of other large investors have also added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth $89,000. Focused Wealth Management Inc boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.1% during the 4th quarter. Focused Wealth Management Inc now owns 5,523 shares of the company’s stock valued at $1,143,000 after purchasing an additional 216 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 403.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 45,100 shares of the company’s stock valued at $9,332,000 after purchasing an additional 36,143 shares in the last quarter. Quotient Wealth Partners LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $203,000. Finally, Sanchez Wealth Management Group boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 11.2% during the 4th quarter. Sanchez Wealth Management Group now owns 99,448 shares of the company’s stock valued at $20,578,000 after purchasing an additional 9,994 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 8.6 %

Shares of MTUM opened at $226.95 on Tuesday. The firm’s 50-day moving average price is $214.13 and its 200-day moving average price is $205.10. The firm has a market capitalization of $12.29 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60.

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.