Retirement Wealth Solutions LLC Buys New Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Retirement Wealth Solutions LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,372 shares of the company’s stock, valued at approximately $491,000.

Other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC boosted its stake 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 worth $33,000 after acquiring an additional 155 shares during the period. Arizona PSPRS Trust lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after purchasing an additional 3,260 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares MSCI USA Momentum Factor ETF by 2.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock worth $39,586,000 after acquiring an additional 4,802 shares during the last quarter. Finally, Stonehearth Capital Management LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1.2% in the 3rd quarter. Stonehearth Capital Management LLC now owns 178,494 shares of the company’s stock valued at $36,192,000 after purchasing an additional 2,083 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $217.36 on Friday. The firm has a market cap of $11.77 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock’s fifty day moving average price is $211.85 and its two-hundred day moving average price is $202.52. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year 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.