iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by Twin Peaks Wealth Advisors LLC

Twin Peaks Wealth Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 68.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,948 shares of the company’s stock after purchasing an additional 6,093 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 1.1% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Focus Partners Wealth raised its position in iShares MSCI USA Momentum Factor ETF by 2,939.7% during the third quarter. Focus Partners Wealth now owns 927,145 shares of the company’s stock worth $237,766,000 after acquiring an additional 896,644 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 55.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 721,042 shares of the company’s stock valued at $180,484,000 after buying an additional 256,639 shares during the period. CWM LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 25.3% during the fourth quarter. CWM LLC now owns 1,141,425 shares of the company’s stock valued at $285,710,000 after buying an additional 230,310 shares during the period. Park Avenue Securities LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 35.7% in the fourth quarter. Park Avenue Securities LLC now owns 711,023 shares of the company’s stock valued at $177,976,000 after purchasing an additional 187,155 shares during the period. Finally, Symmetry Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 71.8% in the fourth quarter. Symmetry Partners LLC now owns 416,566 shares of the company’s stock valued at $104,271,000 after purchasing an additional 174,074 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $316.93 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.29 and a 1 year high of $318.62. The firm has a 50 day moving average price of $277.37 and a 200 day moving average price of $260.54. The company has a market cap of $23.14 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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.