Gries Financial LLC Has $634,000 Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Gries Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,066 shares of the company’s stock after acquiring an additional 48 shares during the quarter. Gries Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fortitude Family Office LLC lifted its position in shares of 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. Signaturefd LLC lifted its position in 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 purchasing an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares in the last quarter. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $43,000. Finally, AdvisorNet Financial Inc increased its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 3.5 %

MTUM opened at $216.31 on Thursday. The company has a market cap of $11.71 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50 day moving average is $213.05 and its 200-day moving average is $203.59. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year 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.