iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Get Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $334.00 and last traded at $333.71, with a volume of 113846 shares. The stock had previously closed at $324.40.
iShares MSCI USA Momentum Factor ETF Trading Up 2.7%
The stock’s fifty day moving average is $291.25 and its two-hundred day moving average is $265.28. The firm has a market cap of $24.32 billion, a P/E ratio of 28.67 and a beta of 1.02.
Institutional Trading of iShares MSCI USA Momentum Factor ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Braun Bostich & Associates Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 63.4% during the 4th quarter. Braun Bostich & Associates Inc. now owns 11,497 shares of the company’s stock worth $2,878,000 after acquiring an additional 4,463 shares in the last quarter. BCGM Wealth Management LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 45.0% during the 4th quarter. BCGM Wealth Management LLC now owns 25,663 shares of the company’s stock worth $6,424,000 after acquiring an additional 7,960 shares in the last quarter. Cypress Wealth Services LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 63.6% during the 4th quarter. Cypress Wealth Services LLC now owns 14,772 shares of the company’s stock worth $3,698,000 after acquiring an additional 5,740 shares in the last quarter. Flagship Capital Management Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $1,779,000. Finally, Assetmark Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% during the 4th quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock worth $376,068,000 after acquiring an additional 37,278 shares in the last quarter.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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