iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,898 shares of the company’s stock after purchasing an additional 224 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,177,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Endeavor Private Wealth Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 5.4% in the second quarter. Endeavor Private Wealth Inc. now owns 8,996 shares of the company’s stock valued at $2,162,000 after buying an additional 459 shares during the last quarter. Vantage Point Financial LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.2% in the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after buying an additional 51 shares during the last quarter. Blair William & Co. IL lifted its stake in iShares MSCI USA Momentum Factor ETF by 8.6% in the second quarter. Blair William & Co. IL now owns 7,495 shares of the company’s stock valued at $1,801,000 after buying an additional 594 shares during the last quarter. US Bancorp DE lifted its stake in iShares MSCI USA Momentum Factor ETF by 0.6% in the second quarter. US Bancorp DE now owns 76,015 shares of the company’s stock valued at $18,268,000 after buying an additional 483 shares during the last quarter. Finally, Columbia Advisory Partners LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 16.5% in the second quarter. Columbia Advisory Partners LLC now owns 15,882 shares of the company’s stock valued at $3,817,000 after buying an additional 2,251 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $250.07 on Friday. The stock has a market capitalization of $18.26 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The stock’s fifty day moving average is $249.19 and its two-hundred day moving average is $231.22.

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.