360 Financial Inc. Has $5.96 Million Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

360 Financial Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,791 shares of the company’s stock after acquiring an additional 801 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 1.9% of 360 Financial Inc.’s investment portfolio, making the stock its 14th largest position. 360 Financial Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,958,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Teamwork Financial Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock worth $411,000 after buying an additional 44 shares during the last quarter. Vantage Point Financial LLC increased its position in iShares MSCI USA Momentum Factor ETF by 2.2% during the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock worth $569,000 after buying an additional 51 shares during the last quarter. Private Advisory Group LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1.3% during the first quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock worth $916,000 after buying an additional 57 shares during the last quarter. Larson Financial Group LLC increased its position in iShares MSCI USA Momentum Factor ETF by 4.2% during the first quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock worth $304,000 after buying an additional 61 shares during the last quarter. Finally, Tyche Wealth Partners LLC increased its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Tyche Wealth Partners LLC now owns 2,500 shares of the company’s stock worth $601,000 after buying an additional 63 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 19.2%

Shares of BATS MTUM opened at $249.13 on Wednesday. The business’s 50 day moving average price is $252.60 and its two-hundred day moving average price is $239.22. The company has a market cap of $18.19 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99.

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.