iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Archvest Wealth Advisors Inc.

Archvest Wealth Advisors Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 34.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,824 shares of the company’s stock after purchasing an additional 3,572 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up about 2.1% of Archvest Wealth Advisors Inc.’s investment portfolio, making the stock its 13th biggest position. Archvest Wealth Advisors Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,861,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Gries Financial LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1.6% during the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after purchasing an additional 48 shares during the last quarter. LongView Wealth Management grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after buying an additional 54 shares during the period. Householder Group Estate & Retirement Specialist LLC grew its position in iShares MSCI USA Momentum Factor ETF by 5.8% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares during the period. MinichMacGregor Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 3.9% during the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after acquiring an additional 63 shares during the last quarter. Finally, GDS Wealth Management lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock valued at $426,000 after purchasing an additional 65 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS:MTUM opened at $224.81 on Friday. The stock has a market capitalization of $12.17 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The stock has a 50-day simple moving average of $213.96 and a 200-day simple moving average of $204.69.

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.