LongView Wealth Management Acquires 54 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

LongView Wealth Management lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,729 shares of the company’s stock after buying an additional 54 shares during the quarter. LongView Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $565,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blair William & Co. IL increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1.9% during the 2nd quarter. Blair William & Co. IL now owns 8,068 shares of the company’s stock worth $1,572,000 after purchasing an additional 149 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 407.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares in the last quarter. DRW Securities LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $604,000. Bank of Montreal Can boosted its stake in iShares MSCI USA Momentum Factor ETF by 91.7% in the second quarter. Bank of Montreal Can now owns 2,573 shares of the company’s stock worth $502,000 after purchasing an additional 1,231 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 253.6% in the second quarter. Marshall Wace LLP now owns 24,753 shares of the company’s stock valued at $4,824,000 after buying an additional 17,753 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 4.0 %

iShares MSCI USA Momentum Factor ETF stock opened at $217.36 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The stock has a 50-day simple moving average of $211.85 and a 200 day simple moving average of $202.52. The stock has a market capitalization of $11.77 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.