SWP Financial LLC Acquires New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SWP Financial LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 9,067 shares of the company’s stock, valued at approximately $1,876,000. iShares MSCI USA Momentum Factor ETF comprises about 1.1% of SWP Financial LLC’s holdings, making the stock its 25th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Park Avenue Securities LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,055.4% during the fourth quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after purchasing an additional 463,387 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 140.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock valued at $87,961,000 after buying an additional 248,600 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after buying an additional 234,524 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 455.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after buying an additional 129,521 shares during the period. Finally, FMR LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after buying an additional 73,442 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $222.97 on Monday. The stock has a market cap of $12.07 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a fifty day moving average of $212.86 and a 200 day moving average of $203.35. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

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.