Whipplewood Advisors LLC Takes Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Whipplewood Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 14,862 shares of the company’s stock, valued at approximately $3,075,000. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.7% of Whipplewood Advisors LLC’s investment portfolio, making the stock its 8th largest position.

Several other institutional investors have also recently added to or reduced their stakes in MTUM. Signaturefd LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares during the period. Arkadios Wealth Advisors lifted its stake in iShares MSCI USA Momentum Factor ETF by 16.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 2,203 shares of the company’s stock worth $447,000 after acquiring an additional 316 shares in the last quarter. Fortitude Family Office LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Strategic Blueprint LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 13.1% during the 3rd quarter. Strategic Blueprint LLC now owns 3,751 shares of the company’s stock valued at $761,000 after acquiring an additional 433 shares during the period. Finally, Eagle Strategies LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after acquiring an additional 77 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $218.03 on Thursday. The company’s 50-day simple moving average is $216.78 and its 200-day simple moving average is $208.69. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The stock has a market capitalization of $15.64 billion, a PE ratio of 28.87 and a beta of 0.98.

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.