iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by WBH Advisory Inc.

WBH Advisory Inc. raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 687.4% in the 3rd quarter, Holdings Channel reports. The fund owned 12,079 shares of the company’s stock after acquiring an additional 10,545 shares during the period. WBH Advisory Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,098,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MTUM. Successful Portfolios LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% during the third quarter. Successful Portfolios LLC now owns 1,412 shares of the company’s stock worth $362,000 after purchasing an additional 40 shares in the last quarter. Centurion Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 0.7% in the 3rd quarter. Centurion Wealth Management LLC now owns 5,764 shares of the company’s stock valued at $1,478,000 after purchasing an additional 42 shares in the last quarter. Silverlake Wealth Management LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1.1% during the 2nd quarter. Silverlake Wealth Management LLC now owns 3,917 shares of the company’s stock worth $941,000 after purchasing an additional 43 shares during the period. Armstrong Advisory Group Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 1.1% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,961 shares of the company’s stock worth $1,016,000 after purchasing an additional 43 shares during the period. Finally, LifeSteps Financial Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.3% during the 3rd quarter. LifeSteps Financial Inc. now owns 1,920 shares of the company’s stock worth $492,000 after buying an additional 44 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $256.04 on Friday. The stock’s 50 day moving average price is $251.23 and its 200 day moving average price is $249.09. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The company has a market cap of $18.69 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.