iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by CFO4Life Group LLC

CFO4Life Group LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,597 shares of the company’s stock after buying an additional 1,426 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 4.5% of CFO4Life Group LLC’s portfolio, making the stock its 7th largest position. CFO4Life Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $25,575,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MTUM. Duncker Streett & Co. Inc. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $25,000. Mainstream Capital Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position 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 purchasing an additional 188 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares in the last quarter. Finally, Realta Investment Advisors purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $49,000.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS MTUM opened at $199.96 on Thursday. The company has a 50 day simple moving average of $216.34 and a 200-day simple moving average of $209.60. The firm has a market capitalization of $14.35 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77.

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.