Faithward Advisors LLC Acquires Shares of 972 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Faithward Advisors LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 972 shares of the company’s stock, valued at approximately $201,000.

A number of other large investors have also recently made changes to their positions in MTUM. Duncker Streett & Co. Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $30,000. Mainstream Capital Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th 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. Finally, AdvisorNet Financial Inc grew its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $180.62 on Wednesday. The firm’s 50-day moving average is $210.49 and its two-hundred day moving average is $210.17. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The stock has a market cap of $12.44 billion, a price-to-earnings ratio of 27.38 and a beta of 1.00.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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