AdvisorNet Financial Inc Boosts Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

AdvisorNet Financial Inc lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 51.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 218 shares of the company’s stock after buying an additional 74 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares MSCI USA Momentum Factor ETF were worth $45,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. MinichMacGregor Wealth Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after purchasing an additional 63 shares during the period. GDS Wealth Management boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 3.2% during the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after acquiring an additional 65 shares in the last quarter. Tyche Wealth Partners LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.7% during the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after acquiring an additional 66 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 0.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock worth $2,259,000 after acquiring an additional 66 shares in the last quarter. Finally, Eagle Strategies LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after purchasing an additional 77 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 4.0 %

Shares of BATS MTUM opened at $217.36 on Friday. The stock has a market cap of $11.77 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The business has a 50-day moving average price of $211.85 and a 200 day moving average price of $202.56.

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.