CreativeOne Wealth LLC grew its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 152.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,705 shares of the company’s stock after buying an additional 2,235 shares during the period. CreativeOne Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $694,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in MTUM. First Personal Financial Services bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $27,000. Able Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $28,000. Woodmont Investment Counsel LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $28,000. GAMMA Investing LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $29,000. Finally, Family Capital Trust Co bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $34,000.
iShares MSCI USA Momentum Factor ETF Stock Down 1.1 %
Shares of MTUM traded down $2.04 during midday trading on Friday, hitting $185.61. The company’s stock had a trading volume of 1,239,733 shares. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company’s fifty day simple moving average is $193.39 and its two-hundred day simple moving average is $183.55. The stock has a market capitalization of $10.05 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.
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.
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