ORG Wealth Partners LLC Buys 510 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ORG Wealth Partners LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 37.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,882 shares of the company’s stock after purchasing an additional 510 shares during the period. ORG Wealth Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 109.4% during the fourth quarter. ORG Partners LLC now owns 7,022 shares of the company’s stock worth $1,453,000 after buying an additional 3,668 shares during the last quarter. One Wealth Capital Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $1,258,000. Canandaigua National Trust Co of Florida bought a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $313,000. Global Wealth Strategies & Associates grew its stake in iShares MSCI USA Momentum Factor ETF by 1.8% in the fourth quarter. Global Wealth Strategies & Associates now owns 49,162 shares of the company’s stock valued at $10,173,000 after acquiring an additional 881 shares during the period. Finally, 1ST Source Bank bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $219,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM traded up $0.95 during midday trading on Friday, hitting $209.78. 943,283 shares of the company’s stock were exchanged. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The company has a market cap of $11.36 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a 50 day moving average price of $211.40 and a 200-day moving average price of $201.85.

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.