Stratos Wealth Partners LTD. Buys 4,273 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Stratos Wealth Partners LTD. increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 52.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,363 shares of the company’s stock after purchasing an additional 4,273 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,971,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Mullooly Asset Management Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at about $2,162,511,000. Raymond James Financial Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,929,874 shares of the company’s stock worth $592,215,000 after acquiring an additional 151,872 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.3% in the 1st quarter. LPL Financial LLC now owns 1,960,110 shares of the company’s stock worth $396,197,000 after acquiring an additional 5,473 shares during the last quarter. Assetmark Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.5% in the 1st quarter. Assetmark Inc. now owns 1,812,820 shares of the company’s stock worth $366,425,000 after acquiring an additional 61,915 shares during the last quarter. Finally, State of Michigan Retirement System raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.3% in the 1st quarter. State of Michigan Retirement System now owns 1,295,090 shares of the company’s stock worth $261,777,000 after acquiring an additional 4,200 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $252.87 on Monday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $240.99. The firm has a market capitalization of $18.46 billion, a PE ratio of 28.67 and a beta of 1.02. The company’s 50-day moving average is $250.24 and its 200 day moving average is $233.23.

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.