Buttonwood Financial Group LLC Invests $5.19 Million in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Buttonwood Financial Group LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 23,291 shares of the company’s stock, valued at approximately $5,193,000. iShares MSCI USA Momentum Factor ETF accounts for approximately 2.9% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 9th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. Fortitude Family Office LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Signaturefd LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at about $43,000. Finally, AdvisorNet Financial Inc raised its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 9.3 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $228.40 on Monday. The stock has a market capitalization of $12.37 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The firm’s 50-day moving average price is $215.19 and its two-hundred day moving average price is $206.49.

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.