WESPAC Advisors SoCal LLC Buys Shares of 1,139 iShares MSCI USA Momentum Factor ETF $MTUM

WESPAC Advisors SoCal LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,139 shares of the company’s stock, valued at approximately $274,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $26,000. Compass Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $30,000. Cornerstone Planning Group LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 140.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock valued at $30,000 after acquiring an additional 87 shares in the last quarter. Harbor Investment Advisory LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after acquiring an additional 118 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 45.0% during the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after acquiring an additional 67 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $254.18 on Tuesday. The business’s fifty day moving average price is $250.41 and its two-hundred day moving average price is $233.56. The company has a market capitalization of $18.56 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99.

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.