iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Benchmark Wealth Management LLC

Benchmark Wealth Management LLC increased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 21.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,362 shares of the company’s stock after acquiring an additional 766 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 0.5% of Benchmark Wealth Management LLC’s portfolio, making the stock its 28th biggest position. Benchmark Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,048,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Cullen Frost Bankers Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $26,000. Compass Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $30,000. Cornerstone Planning Group LLC grew its position in iShares MSCI USA Momentum Factor ETF by 140.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock valued at $30,000 after buying an additional 87 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $33,000. Finally, Harbor Investment Advisory LLC grew its position in iShares MSCI USA Momentum Factor ETF by 262.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after buying an additional 118 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 22.5%

Shares of MTUM opened at $256.01 on Thursday. The firm has a 50-day moving average price of $247.26 and a 200 day moving average price of $229.14. The firm has a market capitalization of $18.69 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99.

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.