Walser Wealth Management Company A Ltd Liability Co Purchases New Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,923 shares of the company’s stock, valued at approximately $982,000.

Several other hedge funds have also bought and sold shares of the business. Dagco Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $25,000. Cary Street Partners Financial LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $26,000. Finally, Financial Network Wealth Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF by 176.3% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 67 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 3.1%

MTUM stock opened at $338.52 on Friday. The business has a 50 day moving average of $298.01 and a 200 day moving average of $267.65. The firm has a market cap of $24.71 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $339.83.

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