WealthShield Partners LLC Purchases 11,908 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

WealthShield Partners LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 425.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,709 shares of the company’s stock after purchasing an additional 11,908 shares during the period. WealthShield Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,044,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Gries Financial LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1.6% during the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after purchasing an additional 48 shares during the period. LongView Wealth Management increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after purchasing an additional 54 shares during the period. MGB Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 7.7% during the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after purchasing an additional 56 shares during the period. D.A. Davidson & CO. grew its position in iShares MSCI USA Momentum Factor ETF by 0.8% in the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock valued at $1,551,000 after acquiring an additional 57 shares during the period. Finally, Householder Group Estate & Retirement Specialist LLC grew its position in iShares MSCI USA Momentum Factor ETF by 5.8% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $219.82 on Monday. The business’s fifty day moving average price is $216.56 and its two-hundred day moving average price is $207.93. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The stock has a market capitalization of $11.90 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.