Blake Schutter Theil Wealth Advisors LLC Has $1.80 Million Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Blake Schutter Theil Wealth Advisors LLC lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,478 shares of the company’s stock after selling 50 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 2.0% of Blake Schutter Theil Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest position. Blake Schutter Theil Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,797,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MTUM. Mullooly Asset Management Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth about $2,162,511,000. CHURCHILL MANAGEMENT Corp acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $220,286,000. Orgel Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $158,559,000. Park Avenue Securities LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $109,923,000. Finally, BNP Paribas Financial Markets increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 102.6% in the first quarter. BNP Paribas Financial Markets now owns 642,494 shares of the company’s stock valued at $129,867,000 after buying an additional 325,369 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $255.50 on Friday. The business has a 50 day moving average of $250.97 and a 200-day moving average of $235.83. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The company has a market capitalization of $18.65 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.