Nwam LLC Raises Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Nwam LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 47.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,650 shares of the company’s stock after acquiring an additional 532 shares during the period. Nwam LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $341,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $3,075,000. Bryn Mawr Capital Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $254,000. EQ LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 2,474.6% during the fourth quarter. EQ LLC now owns 25,489 shares of the company’s stock worth $5,274,000 after acquiring an additional 24,499 shares during the last quarter. Summit Wealth Group LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 4.5% in the 4th quarter. Summit Wealth Group LLC now owns 66,579 shares of the company’s stock worth $13,776,000 after acquiring an additional 2,864 shares during the period. Finally, MorganRosel Wealth Management LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 8.5% in the 4th quarter. MorganRosel Wealth Management LLC now owns 8,339 shares of the company’s stock worth $1,726,000 after acquiring an additional 653 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 4.6 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $218.62 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The business’s fifty day moving average is $217.23 and its two-hundred day moving average is $209.10. The firm has a market cap of $15.69 billion, a PE ratio of 28.87 and a beta of 0.98.

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.