iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by SteelPeak Wealth LLC

by · The Cerbat Gem

SteelPeak Wealth LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 19.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,340 shares of the company’s stock after acquiring an additional 7,615 shares during the period. SteelPeak Wealth LLC owned approximately 0.06% of iShares MSCI USA Momentum Factor ETF worth $12,140,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. Harbor Investment Advisory LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 262.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after purchasing an additional 118 shares during the last quarter. WFA of San Diego LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the second quarter worth approximately $46,000. GAMMA Investing LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. Hilltop National Bank acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $55,000. Finally, Fortitude Family Office LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 109.0% during the 2nd quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock valued at $61,000 after acquiring an additional 133 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 19.8%

Shares of BATS MTUM opened at $250.37 on Friday. The stock’s fifty day simple moving average is $250.06 and its 200 day simple moving average is $246.88. The stock has a market capitalization of $18.28 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99.

About iShares MSCI USA Momentum Factor ETF

(Free Report)

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.

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