Dopkins Wealth Management LLC Buys New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Dopkins Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, Holdings Channel.com reports. The fund purchased 2,940 shares of the company’s stock, valued at approximately $608,000.

Several other institutional investors have also added to or reduced their stakes in the business. Duncker Streett & Co. Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $25,000. Mainstream Capital Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares during the period. AdvisorNet Financial Inc lifted its position in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares during the last quarter. Finally, Realta Investment Advisors purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $49,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $204.43 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77. The company’s 50 day moving average price is $215.88 and its 200-day moving average price is $209.82. The stock has a market capitalization of $14.05 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99.

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.