Liberty Wealth Management LLC Takes Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Liberty Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 25,397 shares of the company’s stock, valued at approximately $5,253,000. iShares MSCI USA Momentum Factor ETF accounts for approximately 0.9% of Liberty Wealth Management LLC’s holdings, making the stock its 29th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in MTUM. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of 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 in the last quarter. AdvisorNet Financial Inc increased its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter. Vontobel Holding Ltd. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $432,000. Kingsview Wealth Management LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after buying an additional 202 shares during the last quarter. Finally, Arizona PSPRS Trust grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $196.90 on Wednesday. The stock has a market cap of $14.13 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The firm has a 50-day moving average of $216.48 and a two-hundred day moving average of $209.67.

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.