1,122 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Bought by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,122 shares of the company’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares during the period. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the period. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $33,000. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth $43,000. Finally, JDM Financial Group LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth $50,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $212.71 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The stock has a market cap of $11.52 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The firm has a fifty day moving average of $210.51 and a 200-day moving average of $199.97.

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.