Perigon Wealth Management LLC Invests $5.05 Million in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Perigon Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 23,554 shares of the company’s stock, valued at approximately $5,050,000.

A number of other large investors also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter. Signaturefd LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares in the last quarter. Arizona PSPRS Trust boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares during the last quarter. Finally, Stonehearth Capital Management LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1.2% during the third quarter. Stonehearth Capital Management LLC now owns 178,494 shares of the company’s stock valued at $36,192,000 after purchasing an additional 2,083 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 3.5 %

BATS:MTUM opened at $216.29 on Wednesday. The business’s 50-day moving average is $212.94 and its 200 day moving average is $203.47. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The company has a market capitalization of $11.71 billion, a P/E 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.