Detalus Advisors LLC Buys 255 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Detalus Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,853 shares of the company’s stock after purchasing an additional 255 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises 0.8% of Detalus Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Detalus Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,453,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MTUM. Duncker Streett & Co. Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $43,000. AdvisorNet Financial Inc increased its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares in the last quarter. Finally, Realta Investment Advisors bought a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $49,000.

iShares MSCI USA Momentum Factor ETF Trading Up 4.6 %

Shares of MTUM stock opened at $218.62 on Monday. The firm has a market capitalization of $15.69 billion, a PE ratio of 28.87 and a beta of 0.98. The firm has a fifty day simple moving average of $217.23 and a two-hundred day simple moving average of $209.23. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.