2,400 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Estate Counselors LLC

Estate Counselors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,400 shares of the company’s stock, valued at approximately $377,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth about $31,000. Fortis Capital Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 44.9% during the first quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock valued at $38,000 after buying an additional 84 shares in the last quarter. Baker Avenue Asset Management LP lifted its position in iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock valued at $39,000 after buying an additional 89 shares in the last quarter. Sound Income Strategies LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after buying an additional 183 shares during the period. Finally, BluePath Capital Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth $41,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.8 %

BATS:MTUM opened at $187.72 on Thursday. The firm’s fifty day simple moving average is $180.60 and its 200 day simple moving average is $159.83. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market capitalization of $11.68 billion, a price-to-earnings ratio of 19.35 and a beta of 0.91.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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