3,191 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Bought by West Financial Advisors LLC

West Financial Advisors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 3,191 shares of the company’s stock, valued at approximately $1,094,000.

A number of other large investors have also bought and sold shares of the stock. Triumph Capital Management acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at about $25,000. Cary Street Partners Financial LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $25,000. Eagle Bay Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $26,000. Financial Network Wealth Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF by 176.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 67 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $26,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $309.32 on Friday. The stock’s 50 day simple moving average is $317.36 and its 200 day simple moving average is $283.30. The company has a market cap of $22.58 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $229.42 and a fifty-two week high of $345.59.

iShares MSCI USA Momentum Factor ETF 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.