Tsfg LLC Buys 1,967 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Tsfg LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,586 shares of the company’s stock after purchasing an additional 1,967 shares during the period. Tsfg LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,023,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTUM. Successful Portfolios LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the 3rd quarter. Successful Portfolios LLC now owns 1,412 shares of the company’s stock valued at $362,000 after buying an additional 40 shares in the last quarter. Centurion Wealth Management LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 0.7% during the 3rd quarter. Centurion Wealth Management LLC now owns 5,764 shares of the company’s stock worth $1,478,000 after acquiring an additional 42 shares during the period. Silverlake Wealth Management LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1.1% during the 2nd quarter. Silverlake Wealth Management LLC now owns 3,917 shares of the company’s stock worth $941,000 after acquiring an additional 43 shares during the period. Armstrong Advisory Group Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1.1% during the third quarter. Armstrong Advisory Group Inc. now owns 3,961 shares of the company’s stock valued at $1,016,000 after purchasing an additional 43 shares in the last quarter. Finally, LifeSteps Financial Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.3% in the third quarter. LifeSteps Financial Inc. now owns 1,920 shares of the company’s stock worth $492,000 after purchasing an additional 44 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $258.36 on Tuesday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99. The company’s fifty day moving average price is $253.54 and its 200-day moving average price is $250.26. The company has a market capitalization of $18.86 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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