iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by Hansen & Associates Financial Group Inc.

Hansen & Associates Financial Group Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 32.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,282 shares of the company’s stock after purchasing an additional 2,011 shares during the period. iShares MSCI USA Momentum Factor ETF makes up about 1.5% of Hansen & Associates Financial Group Inc.’s holdings, making the stock its 11th largest position. Hansen & Associates Financial Group Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,664,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cary Street Partners Financial LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth about $25,000. Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $26,000. Financial Network Wealth Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after buying an additional 67 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at about $26,000.

iShares MSCI USA Momentum Factor ETF Trading Up 2.1%

MTUM stock opened at $314.73 on Thursday. The firm has a 50 day moving average of $316.52 and a 200-day moving average of $284.65. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.