First Heartland Consultants Inc. Has $4 Million Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

First Heartland Consultants Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1,338.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,352 shares of the company’s stock after acquiring an additional 18,007 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,004,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MTUM. Duncker Streett & Co. Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $30,000. Mainstream Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth approximately $31,000. Operose Advisors LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 48.0% during the fourth quarter. Operose Advisors LLC now owns 188 shares of the company’s stock worth $39,000 after buying an additional 61 shares during the last quarter. Finally, Realta Investment Advisors acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $49,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $230.05 on Wednesday. The firm’s 50 day moving average price is $205.85 and its two-hundred day moving average price is $211.17. The stock has a market cap of $16.77 billion, a PE ratio of 28.96 and a beta of 1.00. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $231.39.

iShares MSCI USA Momentum Factor ETF 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.