Client 1ST Advisory Group LLC Takes $414,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Client 1ST Advisory Group LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,999 shares of the company’s stock, valued at approximately $414,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares during the period. Signaturefd LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the second quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $43,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $217.36 on Monday. The company has a 50-day moving average of $211.85 and a 200-day moving average of $202.60. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The company has a market capitalization of $11.77 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.