MorganRosel Wealth Management LLC Buys 653 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

MorganRosel Wealth Management LLC grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,339 shares of the company’s stock after acquiring an additional 653 shares during the period. MorganRosel Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares during the last quarter. Blue Trust Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 7.2% in the fourth quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock worth $253,541,000 after acquiring an additional 81,918 shares during the last quarter. Cerity Partners LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after acquiring an additional 26,235 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.7% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after acquiring an additional 35,468 shares during the last quarter. Finally, FMR LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after acquiring an additional 73,442 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $217.53 on Tuesday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company has a 50 day moving average of $216.56 and a 200-day moving average of $208.15. The stock has a market cap of $15.61 billion, a price-to-earnings 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.