Apollon Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 61.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 12,547 shares of the company’s stock after buying an additional 4,778 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,596,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the business. Fortitude Family Office LLC lifted its holdings 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 valued at $25,000 after purchasing an additional 113 shares in the last quarter. Signaturefd LLC raised its position in 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 worth $33,000 after buying an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $43,000. Finally, AdvisorNet Financial Inc grew its stake in shares of 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 worth $45,000 after acquiring an additional 74 shares during the period.
iShares MSCI USA Momentum Factor ETF Stock Up 7.6 %
MTUM opened at $224.81 on Monday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a 50 day moving average price of $214.13 and a 200-day moving average price of $204.97. The stock has a market capitalization of $12.17 billion, a price-to-earnings 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.
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