iShares MSCI USA Momentum Factor ETF $MTUM is RHS Financial LLC’s 8th Largest Position

RHS Financial LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 12.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 21,389 shares of the company’s stock after purchasing an additional 2,314 shares during the period. iShares MSCI USA Momentum Factor ETF makes up approximately 2.9% of RHS Financial LLC’s holdings, making the stock its 8th largest position. RHS Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,140,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Almanack Investment Partners LLC. raised its holdings in iShares MSCI USA Momentum Factor ETF by 100.4% in the 2nd quarter. Almanack Investment Partners LLC. now owns 2,894 shares of the company’s stock worth $695,000 after acquiring an additional 1,450 shares during the last quarter. Sovereign Financial Group Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 31.3% in the 2nd quarter. Sovereign Financial Group Inc. now owns 5,812 shares of the company’s stock worth $1,397,000 after acquiring an additional 1,386 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 94.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 17,914 shares of the company’s stock worth $4,305,000 after acquiring an additional 8,699 shares during the last quarter. Apollon Wealth Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1.2% in the 2nd quarter. Apollon Wealth Management LLC now owns 21,466 shares of the company’s stock worth $5,159,000 after acquiring an additional 262 shares during the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 69.8% in the 2nd quarter. Richardson Financial Services Inc. now owns 703 shares of the company’s stock worth $166,000 after acquiring an additional 289 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 19.7%

Shares of BATS MTUM opened at $250.07 on Monday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The firm has a market cap of $18.26 billion, a P/E ratio of 28.67 and a beta of 1.02. The company has a 50 day moving average of $249.19 and a 200 day moving average of $231.50.

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.