Centurion Wealth Management LLC Has $825,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Centurion Wealth Management LLC raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 299.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,989 shares of the company’s stock after purchasing an additional 2,990 shares during the period. Centurion Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $825,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Duncker Streett & Co. Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $25,000. Mainstream Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in 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. AdvisorNet Financial Inc raised its position in shares of 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 buying an additional 74 shares in the last quarter. Finally, Realta Investment Advisors acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $49,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $202.19 on Friday. The company has a 50 day simple moving average of $216.02 and a 200 day simple moving average of $209.64. The stock has a market cap of $13.90 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77.

iShares MSCI USA Momentum Factor ETF 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.