Brooklyn FI LLC Buys Shares of 16,128 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Brooklyn FI LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 16,128 shares of the company’s stock, valued at approximately $3,379,000.

A number of other hedge funds have also recently made changes to their positions in the company. Duncker Streett & Co. Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $25,000. Mainstream Capital Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the last quarter. Finally, Realta Investment Advisors acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $49,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $200.22 on Wednesday. The stock has a market capitalization of $13.77 billion, a PE ratio of 27.42 and a beta of 0.99. The business’s 50 day simple moving average is $215.65 and its 200 day simple moving average is $209.84. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77.

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.