iShares MSCI USA Momentum Factor ETF $MTUM Stock Position Increased by Keebeck Wealth Management

Keebeck Wealth Management raised its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.6% in the first quarter, HoldingsChannel reports. The firm owned 20,032 shares of the company’s stock after acquiring an additional 2,555 shares during the period. Keebeck Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,807,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 185.9% during the fourth quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after buying an additional 1,332,181 shares during the last quarter. LPL Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 24.7% in the 4th quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock worth $823,985,000 after buying an additional 652,414 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI USA Momentum Factor ETF by 32.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,151,084 shares of the company’s stock worth $288,128,000 after buying an additional 280,192 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 55.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 721,042 shares of the company’s stock worth $180,484,000 after buying an additional 256,639 shares in the last quarter. Finally, CWM LLC increased its position in iShares MSCI USA Momentum Factor ETF by 25.3% in the 4th quarter. CWM LLC now owns 1,141,425 shares of the company’s stock valued at $285,710,000 after acquiring an additional 230,310 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $313.98 on Friday. The business’s fifty day moving average price is $317.90 and its two-hundred day moving average price is $279.97. The company has a market capitalization of $22.92 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.