Nwam LLC Acquires New Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Nwam LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,118 shares of the company’s stock, valued at approximately $227,000.

Several other institutional investors also recently bought and sold shares of MTUM. Fortitude Family Office LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at about $33,000. Signaturefd LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the period. Wellington Shields & Co. LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth about $42,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth approximately $43,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.2 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $214.46 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company has a market capitalization of $11.61 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50 day moving average of $206.35 and a 200 day moving average of $196.96.

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.