iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 20.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,550 shares of the company’s stock after buying an additional 8,400 shares during the quarter. Centaurus Financial Inc. owned 0.07% of iShares MSCI USA Momentum Factor ETF worth $11,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at about $25,000. Triumph Capital Management purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $25,000. Eagle Bay Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $26,000. Financial Network Wealth Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 176.3% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $26,000.

iShares MSCI USA Momentum Factor ETF Trading Down 3.2%

BATS MTUM opened at $283.11 on Thursday. The company has a fifty day simple moving average of $317.89 and a two-hundred day simple moving average of $281.11. The stock has a market cap of $20.67 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59.

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.