iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 103.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 3,236 shares of the company’s stock after acquiring an additional 1,647 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,110,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MTUM. Beacon Financial Advisory LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the first quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock valued at $361,000 after purchasing an additional 36 shares during the period. Caliber Wealth Management LLC KS lifted its stake in iShares MSCI USA Momentum Factor ETF by 0.4% in the 4th quarter. Caliber Wealth Management LLC KS now owns 9,680 shares of the company’s stock valued at $2,423,000 after buying an additional 39 shares in the last quarter. Traction Financial Partners LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.4% in the 4th quarter. Traction Financial Partners LLC now owns 1,206 shares of the company’s stock valued at $302,000 after buying an additional 40 shares in the last quarter. Clark Capital Management Group Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 4.3% in the 4th quarter. Clark Capital Management Group Inc. now owns 994 shares of the company’s stock valued at $249,000 after buying an additional 41 shares in the last quarter. Finally, Integrity Financial Corp WA boosted its holdings in iShares MSCI USA Momentum Factor ETF by 5.4% in the 4th quarter. Integrity Financial Corp WA now owns 843 shares of the company’s stock worth $211,000 after buying an additional 43 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $316.03 on Friday. The stock has a market capitalization of $23.07 billion, a P/E ratio of 28.67 and a beta of 1.02. The business has a 50 day simple moving average of $316.33 and a two-hundred day simple moving average of $285.07. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59.

About iShares MSCI USA Momentum Factor ETF

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.