PKS Advisory Services LLC Purchases New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

PKS Advisory Services LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 5,280 shares of the company’s stock, valued at approximately $1,093,000.

A number of other large investors have also modified their holdings of MTUM. Duncker Streett & Co. Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Mainstream Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in 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 valued at $41,000 after acquiring an additional 188 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in 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 valued at $45,000 after buying an additional 74 shares during the last quarter. Finally, Realta Investment Advisors acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $49,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $210.65 on Tuesday. The company has a market capitalization of $14.48 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The firm has a 50-day simple moving average of $215.41 and a 200-day simple moving average of $210.21.

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.