UBS Group AG Has $8.24 Million Stock Position in Vanguard U.S. Momentum Factor ETF $VFMO

UBS Group AG raised its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 97.5% in the 4th quarter, HoldingsChannel reports. The fund owned 43,066 shares of the company’s stock after purchasing an additional 21,256 shares during the period. UBS Group AG’s holdings in Vanguard U.S. Momentum Factor ETF were worth $8,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new position in Vanguard U.S. Momentum Factor ETF in the 3rd quarter valued at approximately $27,000. City State Bank raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 420.0% in the 4th quarter. City State Bank now owns 520 shares of the company’s stock worth $99,000 after buying an additional 420 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth approximately $179,000. Kestra Private Wealth Services LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth approximately $212,000. Finally, Perigon Wealth Management LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter worth approximately $223,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO opened at $226.55 on Monday. Vanguard U.S. Momentum Factor ETF has a 1 year low of $159.72 and a 1 year high of $232.86. The stock has a 50 day simple moving average of $210.57 and a 200-day simple moving average of $202.41. The stock has a market cap of $1.43 billion, a PE ratio of 22.24 and a beta of 1.08.

Vanguard U.S. Momentum Factor ETF Profile

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.