SteelPeak Wealth LLC boosted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,144 shares of the company’s stock after purchasing an additional 3,937 shares during the period. SteelPeak Wealth LLC owned about 0.10% of iShares MSCI USA Momentum Factor ETF worth $23,846,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the company. ShoreHaven Wealth Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 6.1% during the third quarter. ShoreHaven Wealth Partners LLC now owns 18,044 shares of the company’s stock valued at $5,726,000 after purchasing an additional 1,040 shares during the period. Sweeney & Michel LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1.9% in the third quarter. Sweeney & Michel LLC now owns 9,957 shares of the company’s stock worth $3,160,000 after buying an additional 188 shares during the last quarter. Peddock Capital Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF by 3.6% in the third quarter. Peddock Capital Advisors LLC now owns 22,445 shares of the company’s stock worth $7,123,000 after buying an additional 772 shares during the last quarter. Aspiriant LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at $252,000. Finally, YANKCOM Partnership bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at $31,000.
iShares MSCI USA Momentum Factor ETF Price Performance
Shares of MTUM opened at $293.17 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59. The stock’s fifty day moving average price is $309.73 and its two-hundred day moving average price is $303.87. The firm has a market cap of $21.40 billion, a PE ratio of 28.67 and a beta of 1.02.
iShares MSCI USA Momentum Factor ETF shares are scheduled to split on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be issued to shareholders after the closing bell on Wednesday, November 4th.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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