Rothschild Wealth LLC boosted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 70.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 29,267 shares of the company’s stock after acquiring an additional 12,072 shares during the quarter. Rothschild Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,326,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at about $25,000. Cary Street Partners Financial LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $25,000. Dagco Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $25,000. Eagle Bay Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $26,000. Finally, United Financial Planning Group LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at about $28,000.
iShares MSCI USA Momentum Factor ETF Price Performance
Shares of BATS:MTUM opened at $315.81 on Monday. The company has a market cap of $23.05 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52 week low of $228.53 and a 52 week high of $317.98. The company has a 50-day moving average price of $275.97 and a 200 day moving average price of $260.08.
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.
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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
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