iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Position Increased by Venturi Wealth Management LLC

Venturi Wealth Management LLC boosted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6,981.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,753 shares of the company’s stock after purchasing an additional 3,700 shares during the quarter. Venturi Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $777,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Gries Financial LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after purchasing an additional 48 shares during the last quarter. LongView Wealth Management increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after acquiring an additional 54 shares in the last quarter. MGB Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 7.7% in the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after acquiring an additional 56 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 0.8% in the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after acquiring an additional 57 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after acquiring an additional 59 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $229.31 on Wednesday. The firm’s 50 day simple moving average is $215.50 and its 200-day simple moving average is $206.79. The company has a market cap of $12.42 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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.