Axxcess Wealth Management LLC Invests $264,000 in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Axxcess Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,410 shares of the company’s stock, valued at approximately $264,000.

Several other large investors have also bought and sold shares of the stock. First Personal Financial Services acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at about $27,000. Woodmont Investment Counsel LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $28,000. GAMMA Investing LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $29,000. Able Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $28,000. Finally, Family Capital Trust Co bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $34,000.

iShares MSCI USA Momentum Factor ETF Stock Up 1.3 %

Shares of BATS MTUM opened at $188.09 on Friday. The company has a market capitalization of $10.19 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a fifty day simple moving average of $193.40 and a 200 day simple moving average of $183.96.

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.