Lantz Financial LLC Invests $947,000 in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Lantz Financial LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,575 shares of the company’s stock, valued at approximately $947,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after buying an additional 113 shares during the period. Signaturefd LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the period. Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000. Finally, AdvisorNet Financial Inc raised its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 6.7 %

iShares MSCI USA Momentum Factor ETF stock opened at $222.97 on Friday. The company has a 50 day moving average of $212.86 and a 200-day moving average of $203.33. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market capitalization of $12.07 billion, a PE ratio of 18.53 and a beta of 1.10.

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.