Stratos Wealth Advisors LLC Acquires 14,076 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Stratos Wealth Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 177.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,988 shares of the company’s stock after buying an additional 14,076 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,550,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Assetmark Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 4.5% during the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after buying an additional 72,891 shares during the last quarter. Cerity Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after acquiring an additional 26,235 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in iShares MSCI USA Momentum Factor ETF by 3.7% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock valued at $206,089,000 after purchasing an additional 35,468 shares during the last quarter. FMR LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after purchasing an additional 73,442 shares during the period. Finally, LPL Financial LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after purchasing an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 5.5 %

BATS MTUM opened at $220.43 on Wednesday. The firm has a market cap of $11.94 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50 day moving average is $213.49 and its 200-day moving average is $204.20. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

About iShares MSCI USA Momentum Factor ETF

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.