1,049 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Purchased by Axis Wealth Partners LLC

Axis Wealth Partners LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,049 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at approximately $574,824,000. Park Avenue Securities LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,055.4% during the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after buying an additional 463,387 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 140.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock valued at $87,961,000 after buying an additional 248,600 shares in the last quarter. Citigroup Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after buying an additional 234,524 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 245.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock valued at $46,564,000 after buying an additional 159,916 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $204.42 on Monday. The firm has a market capitalization of $14.67 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The business has a 50 day simple moving average of $217.00 and a 200-day simple moving average of $209.68.

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.