Vontobel Holding Ltd. Invests $432,000 in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Vontobel Holding Ltd. purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,086 shares of the company’s stock, valued at approximately $432,000.

A number of other large investors have also recently made changes to their positions in the stock. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the period. Elevated Capital Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF by 67.0% during the third quarter. Elevated Capital Advisors LLC now owns 1,910 shares of the company’s stock valued at $387,000 after buying an additional 766 shares during the period. Bogart Wealth LLC grew its position in iShares MSCI USA Momentum Factor ETF by 16.8% during the third quarter. Bogart Wealth LLC now owns 541 shares of the company’s stock valued at $110,000 after buying an additional 78 shares during the period. Dakota Wealth Management grew its position in iShares MSCI USA Momentum Factor ETF by 19.5% during the third quarter. Dakota Wealth Management now owns 3,343 shares of the company’s stock valued at $678,000 after buying an additional 546 shares during the period. Finally, Silver Oak Securities Incorporated grew its position in iShares MSCI USA Momentum Factor ETF by 75.7% during the third quarter. Silver Oak Securities Incorporated now owns 7,691 shares of the company’s stock valued at $1,553,000 after buying an additional 3,313 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 7.7 %

Shares of BATS MTUM opened at $225.17 on Friday. The firm has a market capitalization of $12.19 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The firm has a 50 day moving average of $216.45 and a 200 day moving average of $207.42. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.