Anderson Hoagland & Co. Has $4.20 Million Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Anderson Hoagland & Co. raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 19,320 shares of the company’s stock after acquiring an additional 294 shares during the period. Anderson Hoagland & Co.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,199,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. LongView Wealth Management increased its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the 4th 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. Householder Group Estate & Retirement Specialist LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 5.8% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after buying an additional 59 shares during the period. MinichMacGregor Wealth Management LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 3.9% during the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after buying an additional 63 shares during the last quarter. GDS Wealth Management raised its stake in iShares MSCI USA Momentum Factor ETF by 3.2% during the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares during the last quarter. Finally, Tyche Wealth Partners LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.7% in the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock valued at $514,000 after buying an additional 66 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 6.7 %

Shares of MTUM opened at $222.97 on Friday. The firm’s fifty day simple moving average is $212.86 and its two-hundred day simple moving average is $203.35. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market capitalization of $12.07 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.