Rothschild Wealth LLC Boosts Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Rothschild Wealth LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 70.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,267 shares of the company’s stock after buying an additional 12,072 shares during the quarter. Rothschild Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,326,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of MTUM. Dagco Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Triumph Capital Management bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $25,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Eagle Bay Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $26,000. Finally, Financial Network Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after purchasing an additional 67 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 2.3%

BATS:MTUM opened at $326.05 on Wednesday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $336.10. The company has a market cap of $23.80 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The stock has a fifty day simple moving average of $294.61 and a 200-day simple moving average of $266.46.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.