6,925 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Acquired by Unique Wealth LLC

Unique Wealth LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,925 shares of the company’s stock, valued at approximately $1,433,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. AdvisorNet Financial Inc grew its position in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the period. Tsfg LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 111,135.7% during the fourth quarter. Tsfg LLC now owns 15,573 shares of the company’s stock worth $3,222,000 after purchasing an additional 15,559 shares in the last quarter. Peddock Capital Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 5.9% in the fourth quarter. Peddock Capital Advisors LLC now owns 15,429 shares of the company’s stock valued at $3,193,000 after purchasing an additional 866 shares during the period. Miracle Mile Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 20.1% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,370 shares of the company’s stock valued at $283,000 after buying an additional 229 shares in the last quarter. Finally, Ehrlich Financial Group acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $1,663,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $206.84 on Tuesday. The firm has a market cap of $11.20 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm has a fifty day moving average of $211.66 and a 200 day moving average of $202.15.

iShares MSCI USA Momentum Factor ETF Company 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.