Vantage Point Financial LLC Boosts Stake in iShares MSCI USA Momentum Factor ETF $MTUM

Vantage Point Financial LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,368 shares of the company’s stock after purchasing an additional 51 shares during the quarter. Vantage Point Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the first quarter. Bank of New York Mellon Corp now owns 215,086 shares of the company’s stock worth $43,475,000 after purchasing an additional 11,729 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 15.7% in the first quarter. Dynamic Advisor Solutions LLC now owns 1,888 shares of the company’s stock worth $382,000 after purchasing an additional 256 shares during the last quarter. CX Institutional purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth $43,000. Johnson Investment Counsel Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the first quarter. Johnson Investment Counsel Inc. now owns 1,801 shares of the company’s stock worth $364,000 after purchasing an additional 67 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth $1,213,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $255.92 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99. The firm has a market capitalization of $18.68 billion, a P/E ratio of 28.67 and a beta of 1.02. The business has a fifty day moving average of $248.97 and a 200 day moving average of $231.09.

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.