iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $344.44 and last traded at $343.92, with a volume of 69083 shares trading hands. The stock had previously closed at $338.52.
iShares MSCI USA Momentum Factor ETF Stock Performance
The company has a market capitalization of $24.07 billion, a P/E ratio of 28.67 and a beta of 1.02. The business’s fifty day simple moving average is $302.57 and its 200-day simple moving average is $269.53.
Institutional Investors Weigh In On iShares MSCI USA Momentum Factor ETF
Large investors have recently made changes to their positions in the company. Triumph Capital Management purchased a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at approximately $25,000. Cary Street Partners Financial LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $25,000. Dagco Inc. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at approximately $26,000. Finally, Financial Network Wealth Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 176.3% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 67 shares in the last quarter.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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