iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by Keebeck Wealth Management

Keebeck Wealth Management lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 20,032 shares of the company’s stock after buying an additional 2,555 shares during the quarter. Keebeck Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,807,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Gibbs Wealth Management raised its stake in iShares MSCI USA Momentum Factor ETF by 111.7% during the first quarter. Gibbs Wealth Management now owns 2,098 shares of the company’s stock worth $504,000 after acquiring an additional 1,107 shares during the period. Group One Trading LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $80,000. Lido Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.4% during the first quarter. Lido Advisors LLC now owns 155,224 shares of the company’s stock valued at $37,253,000 after purchasing an additional 2,157 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.7% during the first quarter. Cetera Investment Advisers now owns 611,551 shares of the company’s stock valued at $146,766,000 after purchasing an additional 4,261 shares during the last quarter. Finally, Marin Bay Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $203,000.

iShares MSCI USA Momentum Factor ETF Trading Down 0.1%

Shares of BATS MTUM opened at $313.98 on Friday. The company has a market cap of $22.92 billion, a price-to-earnings 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. The stock’s 50 day simple moving average is $317.90 and its 200 day simple moving average is $279.97.

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.