SigFig Wealth Management LLC Takes $2.25 Million Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SigFig Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 10,827 shares of the company’s stock, valued at approximately $2,251,000.

Several other institutional investors have also modified their holdings of the business. Absolute Capital Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $400,000. Symmetry Partners LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 63.9% during the 4th quarter. Symmetry Partners LLC now owns 199,250 shares of the company’s stock valued at $41,229,000 after purchasing an additional 77,659 shares in the last quarter. Strategic Financial Services Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.7% during the 4th quarter. Strategic Financial Services Inc. now owns 221,205 shares of the company’s stock valued at $45,772,000 after purchasing an additional 3,755 shares in the last quarter. Stokes Family Office LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 894.2% during the 4th quarter. Stokes Family Office LLC now owns 36,349 shares of the company’s stock valued at $7,521,000 after purchasing an additional 32,693 shares in the last quarter. Finally, Brooklyn FI LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $3,379,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $203.82 on Friday. The business’s 50 day simple moving average is $215.44 and its 200 day simple moving average is $209.76. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77. The firm has a market cap of $14.01 billion, a PE ratio of 27.42 and a beta of 0.99.

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.