iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Sets New 52-Week High at $186.98

iShares MSCI USA Momentum Factor ETF (BATS:MTUM)’s share price reached a new 52-week high on Monday . The stock traded as high as $186.98 and last traded at $186.29, with a volume of 822675 shares trading hands. The stock had previously closed at $186.60.

iShares MSCI USA Momentum Factor ETF Price Performance

The stock has a market cap of $10.29 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a fifty day moving average of $184.27 and a 200-day moving average of $173.02.

Institutional Investors Weigh In On iShares MSCI USA Momentum Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. UMB Bank n.a. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.0% during the first quarter. UMB Bank n.a. now owns 5,971 shares of the company’s stock valued at $1,119,000 after buying an additional 58 shares during the period. Physician Wealth Advisors Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 0.8% during the 1st quarter. Physician Wealth Advisors Inc. now owns 7,927 shares of the company’s stock worth $1,440,000 after acquiring an additional 60 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in iShares MSCI USA Momentum Factor ETF by 3.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,671 shares of the company’s stock valued at $262,000 after purchasing an additional 63 shares during the period. Bogart Wealth LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 13.9% in the 1st quarter. Bogart Wealth LLC now owns 532 shares of the company’s stock valued at $100,000 after purchasing an additional 65 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.4% in the 1st quarter. First National Bank & Trust Co. of Newtown now owns 4,630 shares of the company’s stock valued at $867,000 after purchasing an additional 65 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.