iShares MSCI USA Momentum Factor ETF $MTUM Holdings Raised by Liberty Wealth Management LLC

Liberty Wealth Management LLC boosted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 29,007 shares of the company’s stock after acquiring an additional 1,352 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises 1.1% of Liberty Wealth Management LLC’s holdings, making the stock its 25th biggest position. Liberty Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,971,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $26,000. Compass Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $30,000. Cornerstone Planning Group LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 140.3% in the first quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after purchasing an additional 87 shares during the period. Harbor Investment Advisory LLC boosted 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 purchasing an additional 118 shares in the last quarter. Finally, GAMMA Investing LLC boosted 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 purchasing an additional 67 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $255.50 on Monday. The stock has a market cap of $18.65 billion, a PE ratio of 28.67 and a beta of 1.02. The business’s fifty day moving average is $250.97 and its 200-day moving average is $236.08. 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.