Yeomans Consulting Group Inc. Makes New Investment in iShares MSCI USA Momentum Factor ETF $MTUM

Yeomans Consulting Group Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the second quarter, Holdings Channel.com reports. The firm bought 33,399 shares of the company’s stock, valued at approximately $7,909,000. iShares MSCI USA Momentum Factor ETF comprises 3.3% of Yeomans Consulting Group Inc.’s investment portfolio, making the stock its 11th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $26,000. Compass Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $30,000. Cornerstone Planning Group LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 140.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after buying an additional 87 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $33,000. Finally, Harbor Investment Advisory LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 262.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after buying an additional 118 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 22.4%

iShares MSCI USA Momentum Factor ETF stock opened at $255.72 on Friday. The company has a market capitalization of $18.67 billion, a P/E ratio of 28.67 and a beta of 1.02. The stock’s 50 day moving average is $247.58 and its 200 day moving average is $229.33. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99.

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.