15,603 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Bought by Gilbert Capital Group Inc.

Gilbert Capital Group Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,603 shares of the company’s stock, valued at approximately $3,750,000. iShares MSCI USA Momentum Factor ETF comprises 3.1% of Gilbert Capital Group Inc.’s holdings, making the stock its 11th biggest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bison Wealth LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after purchasing an additional 133 shares during the last quarter. Vestmark Advisory Solutions Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $1,625,000. Kovitz Investment Group Partners LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 32.3% during the first quarter. Kovitz Investment Group Partners LLC now owns 1,384 shares of the company’s stock worth $280,000 after buying an additional 338 shares during the period. EverSource Wealth Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 184.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,211 shares of the company’s stock worth $447,000 after buying an additional 1,433 shares in the last quarter. Finally, Cresset Asset Management LLC increased its position in iShares MSCI USA Momentum Factor ETF by 0.6% in the 1st quarter. Cresset Asset Management LLC now owns 13,193 shares of the company’s stock valued at $2,667,000 after acquiring an additional 73 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $249.49 on Monday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The business’s fifty day moving average price is $250.78 and its two-hundred day moving average price is $245.21. The company has a market capitalization of $18.21 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.