Lineweaver Wealth Advisors LLC Buys New Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Lineweaver Wealth Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 26,937 shares of the company’s stock, valued at approximately $5,587,000. iShares MSCI USA Momentum Factor ETF comprises approximately 1.0% of Lineweaver Wealth Advisors LLC’s portfolio, making the stock its 25th biggest holding.

Other large investors also recently bought and sold shares of the company. Assetmark Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after purchasing an additional 72,891 shares during the last quarter. Blue Trust Inc. increased its stake in shares of 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 valued at $253,541,000 after buying an additional 81,918 shares during the period. Cerity Partners LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in 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 position in shares of iShares MSCI USA Momentum Factor ETF by 3.7% in the 4th 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 purchasing an additional 35,468 shares during the period. Finally, FMR LLC boosted its stake in shares of 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 valued at $136,735,000 after purchasing an additional 73,442 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 4.3 %

Shares of MTUM stock opened at $218.03 on Thursday. The firm has a market cap of $15.64 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company’s 50 day moving average is $216.78 and its 200 day moving average is $208.69.

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.