3,421 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Bought by Interchange Capital Partners LLC

Interchange Capital Partners LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,421 shares of the company’s stock, valued at approximately $708,000.

A number of other hedge funds have also modified their holdings of the stock. Gries Financial LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after acquiring an additional 48 shares during the last quarter. LongView Wealth Management grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after buying an additional 54 shares in the last quarter. MGB Wealth Management LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.7% during the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after buying an additional 56 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock valued at $1,551,000 after buying an additional 57 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC grew its holdings 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 valued at $224,000 after buying an additional 59 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 2.1 %

Shares of MTUM stock opened at $204.64 on Monday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $229.77. The company has a market capitalization of $14.07 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. The stock’s fifty day simple moving average is $215.34 and its 200-day simple moving average is $210.07.

iShares MSCI USA Momentum Factor ETF 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.