iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Sigma Planning Corp

Sigma Planning Corp raised its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,424 shares of the company’s stock after purchasing an additional 1,792 shares during the period. Sigma Planning Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gries Financial LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1.6% during the 4th 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 lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after acquiring an additional 54 shares during the period. MGB Wealth Management LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 7.7% in the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after acquiring an additional 56 shares during the period. D.A. Davidson & CO. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 0.8% in the 4th quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after acquiring an additional 57 shares during the period. Finally, Householder Group Estate & Retirement Specialist LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after acquiring an additional 59 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 5.2 %

Shares of BATS:MTUM opened at $219.82 on Friday. The company has a 50 day moving average of $216.56 and a 200-day moving average of $207.73. The firm has a market cap of $11.90 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.