iShares MSCI USA Momentum Factor ETF $MTUM is Tactive Advisors LLC’s 10th Largest Position

Tactive Advisors LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 23.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,910 shares of the company’s stock after purchasing an additional 5,725 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 2.2% of Tactive Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Tactive Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,670,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Bison Wealth LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after acquiring an additional 133 shares during the period. Summit Financial LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at approximately $340,000. CW Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth $694,000. Freedom Investment Management Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 26.2% in the first quarter. Freedom Investment Management Inc. now owns 3,208 shares of the company’s stock worth $648,000 after purchasing an additional 665 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 7.4% in the first quarter. CreativeOne Wealth LLC now owns 6,382 shares of the company’s stock worth $1,290,000 after purchasing an additional 442 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $254.27 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The firm has a market cap of $18.56 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The company has a 50-day moving average of $250.05 and a 200 day moving average of $246.02.

iShares MSCI USA Momentum Factor ETF 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.