Retirement Wealth Solutions LLC Buys 137 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Retirement Wealth Solutions LLC boosted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.3% in the second quarter, HoldingsChannel reports. The firm owned 3,294 shares of the company’s stock after acquiring an additional 137 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 0.6% of Retirement Wealth Solutions LLC’s holdings, making the stock its 28th biggest position. Retirement Wealth Solutions LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $792,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of MTUM. Mullooly Asset Management Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth about $2,162,511,000. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 102.6% in the first quarter. BNP Paribas Financial Markets now owns 642,494 shares of the company’s stock worth $129,867,000 after acquiring an additional 325,369 shares in the last quarter. Liberty Wealth Management LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,227.8% in the first quarter. Liberty Wealth Management LLC now owns 337,221 shares of the company’s stock worth $68,162,000 after acquiring an additional 311,824 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 21.7% in the first quarter. Ameriprise Financial Inc. now owns 1,062,702 shares of the company’s stock worth $214,804,000 after acquiring an additional 189,281 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 25.0% in the first quarter. Citigroup Inc. now owns 901,342 shares of the company’s stock worth $182,188,000 after acquiring an additional 179,994 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $253.51 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The business has a 50-day moving average of $242.83 and a two-hundred day moving average of $224.74. The company has a market capitalization of $18.51 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.