Alexis Investment Partners LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 14.2% during the 1st quarter, Holdings Channel reports. The fund owned 37,396 shares of the company’s stock after acquiring an additional 4,664 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 5.9% of Alexis Investment Partners LLC’s portfolio, making the stock its 3rd biggest position. Alexis Investment Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,630,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Dagco Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth $25,000. Triumph Capital Management bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $25,000. Cary Street Partners Financial LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $25,000. Eagle Bay Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $26,000. Finally, Financial Network Wealth Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 176.3% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after acquiring an additional 67 shares during the period.
iShares MSCI USA Momentum Factor ETF Stock Performance
Shares of iShares MSCI USA Momentum Factor ETF stock opened at $342.83 on Wednesday. The stock has a market capitalization of $25.03 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 $229.42 and a 52 week high of $345.59. The firm has a fifty day moving average of $308.98 and a two-hundred day moving average of $272.39.
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.
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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
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