Centaurus Financial Inc. lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 20.9% in the 1st quarter, HoldingsChannel reports. The firm owned 48,550 shares of the company’s stock after purchasing an additional 8,400 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $11,651,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Cary Street Partners Financial LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management purchased a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $25,000. Eagle Bay Advisors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $26,000. Financial Network Wealth Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 176.3% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after acquiring an additional 67 shares during the period. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $26,000.
iShares MSCI USA Momentum Factor ETF Price Performance
MTUM stock opened at $283.11 on Thursday. The firm’s fifty day simple moving average is $317.89 and its 200-day simple moving average is $281.11. The company has a market capitalization of $20.67 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
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