Wealthcare Advisory Partners LLC Increases Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Wealthcare Advisory Partners LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 52.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,545 shares of the company’s stock after purchasing an additional 874 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $477,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Larson Financial Group LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 6.6% in the 4th quarter. Larson Financial Group LLC now owns 1,288 shares of the company’s stock worth $202,000 after purchasing an additional 80 shares during the period. SRS Capital Advisors Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 1.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 6,254 shares of the company’s stock valued at $981,000 after acquiring an additional 87 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock valued at $39,000 after acquiring an additional 89 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 0.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 11,219 shares of the company’s stock valued at $1,760,000 after acquiring an additional 104 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 1.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 11,658 shares of the company’s stock valued at $1,829,000 after acquiring an additional 133 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

BATS:MTUM opened at $194.87 on Friday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The firm has a 50 day moving average of $187.75 and a 200 day moving average of $178.33. The stock has a market capitalization of $10.55 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.