New Hampshire Trust Acquires New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

New Hampshire Trust acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,095 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 3.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock worth $1,120,677,000 after acquiring an additional 229,231 shares during the last quarter. Crestwood Advisors Group LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Crestwood Advisors Group LLC now owns 11,222 shares of the company’s stock worth $1,568,000 after purchasing an additional 449 shares during the period. Sculati Wealth Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $201,000. Franklin Resources Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 38.3% during the 4th quarter. Franklin Resources Inc. now owns 59,950 shares of the company’s stock worth $9,406,000 after purchasing an additional 16,611 shares during the period. Finally, Traction Financial Partners LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $323,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $197.11 on Friday. The firm’s 50-day moving average is $185.94 and its 200-day moving average is $176.29. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.