Kiely Wealth Advisory Group Inc. Increases Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Kiely Wealth Advisory Group Inc. grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 53.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,379 shares of the company’s stock after acquiring an additional 826 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 0.3% of Kiely Wealth Advisory Group Inc.’s portfolio, making the stock its 22nd biggest holding. Kiely Wealth Advisory Group Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $540,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Duncker Streett & Co. Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $30,000. Mainstream Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. raised its stake 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 during the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $203.59 on Wednesday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77. The business’s fifty day moving average is $214.28 and its 200 day moving average is $210.77. The stock has a market capitalization of $14.02 billion, a PE ratio of 27.38 and a beta of 1.00.

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.