iShares MSCI USA Momentum Factor ETF (BATS:MTUM) is Meredith Wealth Planning’s 5th Largest Position

Meredith Wealth Planning cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 85,063 shares of the company’s stock after selling 150 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 7.8% of Meredith Wealth Planning’s portfolio, making the stock its 5th biggest position. Meredith Wealth Planning’s holdings in iShares MSCI USA Momentum Factor ETF were worth $17,601,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after purchasing an additional 72,891 shares during the last quarter. Blue Trust Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 7.2% during the fourth quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock worth $253,541,000 after acquiring an additional 81,918 shares during the period. Cerity Partners LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% during the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after acquiring an additional 26,235 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in iShares MSCI USA Momentum Factor ETF by 3.7% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after acquiring an additional 35,468 shares during the period. Finally, FMR LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after acquiring an additional 73,442 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 9.3 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $228.40 on Monday. The business’s fifty day simple moving average is $215.19 and its 200 day simple moving average is $206.49. The firm has a market capitalization of $12.37 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.