2,298 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Hershey Financial Advisers LLC

Hershey Financial Advisers LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,298 shares of the company’s stock, valued at approximately $476,000.

Several other hedge funds have also modified their holdings of the stock. LPL Financial LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 215.4% in the fourth quarter. LPL Financial LLC now owns 1,954,637 shares of the company’s stock worth $404,454,000 after acquiring an additional 1,334,851 shares during the last quarter. Blueprint Investment Partners LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 179.8% in the fourth quarter. Blueprint Investment Partners LLC now owns 7,833 shares of the company’s stock valued at $1,621,000 after buying an additional 5,033 shares during the period. Mosley Wealth Management raised its holdings in iShares MSCI USA Momentum Factor ETF by 137.1% in the fourth quarter. Mosley Wealth Management now owns 9,820 shares of the company’s stock valued at $2,124,000 after buying an additional 5,679 shares during the period. Runnymede Capital Advisors Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $502,000. Finally, Quantbot Technologies LP purchased a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $164,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $204.64 on Monday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77. The company’s 50 day moving average price is $215.34 and its 200 day moving average price is $210.07. The firm has a market capitalization of $14.07 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99.

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.