Tcfg Wealth Management LLC Boosts Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Tcfg Wealth Management LLC raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,533 shares of the company’s stock after buying an additional 100 shares during the period. Tcfg Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Bison Wealth LLC raised its holdings 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 purchasing an additional 133 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 17,512.3% during 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. UMB Bank n.a. boosted its position in iShares MSCI USA Momentum Factor ETF by 144.9% during the first quarter. UMB Bank n.a. now owns 5,352 shares of the company’s stock valued at $1,082,000 after purchasing an additional 3,167 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 36.6% in the first quarter. Capital Investment Advisors LLC now owns 2,282 shares of the company’s stock worth $461,000 after purchasing an additional 611 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 185.8% in the 1st quarter. Farther Finance Advisors LLC now owns 37,343 shares of the company’s stock valued at $7,601,000 after buying an additional 24,276 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 21.7%

BATS:MTUM opened at $254.28 on Tuesday. The stock has a market capitalization of $18.56 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week high of $240.99. The firm has a 50 day moving average of $248.11 and a 200 day moving average of $230.21.

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.