Arcadia Wealth Management LLC Has $256,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Arcadia Wealth Management LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,237 shares of the company’s stock after purchasing an additional 107 shares during the period. Arcadia Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Investment Advisory Services LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 10,373 shares of the company’s stock valued at $2,146,000 after purchasing an additional 103 shares during the period. Gries Financial LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.6% during the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after buying an additional 48 shares in the last quarter. Strategic Blueprint LLC raised its position in iShares MSCI USA Momentum Factor ETF by 522.0% in the 4th quarter. Strategic Blueprint LLC now owns 23,331 shares of the company’s stock valued at $4,828,000 after buying an additional 19,580 shares during the last quarter. Foster Group Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 5.3% in the 4th quarter. Foster Group Inc. now owns 298,007 shares of the company’s stock valued at $61,664,000 after acquiring an additional 15,032 shares in the last quarter. Finally, Gateway Wealth Partners LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $1,128,000.

iShares MSCI USA Momentum Factor ETF Stock Up 5.2 %

Shares of MTUM opened at $219.95 on Friday. The company has a 50 day moving average of $213.15 and a 200-day moving average of $203.68. The stock has a market capitalization of $11.91 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.