Rik Saylor Financial Inc. Purchases New Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Rik Saylor Financial Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 19,093 shares of the company’s stock, valued at approximately $3,951,000. iShares MSCI USA Momentum Factor ETF comprises 3.7% of Rik Saylor Financial Inc.’s investment portfolio, making the stock its 6th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $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 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $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% in 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 acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $43,000. Finally, AdvisorNet Financial Inc grew its holdings in shares of 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 worth $45,000 after acquiring an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $223.77 on Thursday. The stock has a market cap of $12.12 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock’s 50 day simple moving average is $213.57 and its 200 day simple moving average is $204.41. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year 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.