Signal Advisors Wealth LLC Buys 428 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Signal Advisors Wealth LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 29.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,862 shares of the company’s stock after purchasing an additional 428 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MTUM. Unique Wealth LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $1,433,000. AdvisorNet Financial Inc grew 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 worth $45,000 after buying an additional 74 shares during the last quarter. Tsfg LLC increased its position in iShares MSCI USA Momentum Factor ETF by 111,135.7% during the 4th quarter. Tsfg LLC now owns 15,573 shares of the company’s stock valued at $3,222,000 after buying an additional 15,559 shares in the last quarter. Peddock Capital Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 5.9% in the fourth quarter. Peddock Capital Advisors LLC now owns 15,429 shares of the company’s stock valued at $3,193,000 after buying an additional 866 shares during the last quarter. Finally, Miracle Mile Advisors LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 20.1% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,370 shares of the company’s stock worth $283,000 after acquiring an additional 229 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.9 %

MTUM opened at $212.98 on Thursday. The company has a market cap of $11.53 billion, a P/E ratio of 18.53 and a beta of 1.10. The firm’s 50-day moving average price is $211.70 and its 200-day moving average price is $202.28. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week 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.