Golden State Equity Partners Raises Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Golden State Equity Partners boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,582 shares of the company’s stock after purchasing an additional 178 shares during the quarter. Golden State Equity Partners’ holdings in iShares MSCI USA Momentum Factor ETF were worth $534,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Avantra Family Wealth Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $490,000. DAVENPORT & Co LLC raised its position in iShares MSCI USA Momentum Factor ETF by 19.1% in the 4th quarter. DAVENPORT & Co LLC now owns 19,029 shares of the company’s stock valued at $3,937,000 after purchasing an additional 3,052 shares during the last quarter. Clear Creek Financial Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 4.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 6,360 shares of the company’s stock valued at $1,316,000 after purchasing an additional 286 shares during the last quarter. Swmg LLC raised its position in iShares MSCI USA Momentum Factor ETF by 9.3% in the 4th quarter. Swmg LLC now owns 14,905 shares of the company’s stock valued at $3,309,000 after purchasing an additional 1,263 shares during the last quarter. Finally, Caprock Group LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $2,264,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $219.20 on Monday. The stock has a market capitalization of $11.87 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s fifty day moving average is $213.40 and its two-hundred day moving average is $203.94. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

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.