Cavalier Investments LLC Acquires Shares of 29,662 iShares MSCI USA Momentum Factor ETF $MTUM

Cavalier Investments LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 29,662 shares of the company’s stock, valued at approximately $10,169,000. iShares MSCI USA Momentum Factor ETF makes up about 0.4% of Cavalier Investments LLC’s portfolio, making the stock its 17th largest position.

Other large investors have also added to or reduced their stakes in the company. Cary Street Partners Financial LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $25,000. Financial Network Wealth Advisors LLC lifted 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 acquiring an additional 67 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $26,000. Finally, Indiana Trust & Investment Management Co bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth $26,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $300.36 on Tuesday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $229.42 and a fifty-two week high of $345.59. The firm’s 50-day simple moving average is $312.06 and its 200 day simple moving average is $289.38. The stock has a market cap of $21.93 billion, a PE ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.