Merit Financial Group LLC Has $30.28 Million Stake in iShares MSCI USA Momentum Factor ETF $MTUM

Merit Financial Group LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 28.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,976 shares of the company’s stock after buying an additional 27,830 shares during the quarter. Merit Financial Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $30,275,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in MTUM. Bison Wealth LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after acquiring an additional 133 shares in the last quarter. GAMMA Investing LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 17,512.3% in the 1st quarter. GAMMA Investing LLC now owns 30,117 shares of the company’s stock worth $6,088,000 after purchasing an additional 29,946 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 244.4% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 682 shares of the company’s stock worth $138,000 after purchasing an additional 484 shares during the last quarter. Ehrlich Financial Group lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1.4% in the 1st quarter. Ehrlich Financial Group now owns 8,148 shares of the company’s stock worth $1,647,000 after purchasing an additional 109 shares during the last quarter. Finally, Sovereign Financial Group Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.3% in the 1st quarter. Sovereign Financial Group Inc. now owns 4,426 shares of the company’s stock worth $895,000 after purchasing an additional 100 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $254.15 on Friday. The business has a 50 day moving average price of $247.84 and a 200 day moving average price of $229.67. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The firm has a market cap of $18.55 billion, a P/E ratio of 28.67 and a beta of 1.02.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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