Fullcircle Wealth LLC Acquires 337 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Fullcircle Wealth LLC boosted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 20.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,968 shares of the company’s stock after purchasing an additional 337 shares during the period. Fullcircle Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $477,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MTUM. Bison Wealth LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after purchasing an additional 133 shares during the period. D.A. Davidson & CO. increased its holdings in iShares MSCI USA Momentum Factor ETF by 37.5% in the first quarter. D.A. Davidson & CO. now owns 10,307 shares of the company’s stock valued at $2,083,000 after purchasing an additional 2,809 shares during the period. World Investment Advisors grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% during the 1st quarter. World Investment Advisors now owns 13,001 shares of the company’s stock worth $2,628,000 after acquiring an additional 325 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares MSCI USA Momentum Factor ETF by 5.8% during the 1st quarter. Bank of New York Mellon Corp now owns 215,086 shares of the company’s stock worth $43,475,000 after acquiring an additional 11,729 shares during the period. Finally, Concurrent Investment Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 140.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 9,215 shares of the company’s stock worth $1,863,000 after acquiring an additional 5,388 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 21.3%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $253.46 on Tuesday. The business has a 50-day moving average price of $252.52 and a two-hundred day moving average price of $238.84. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The company has a market cap of $18.50 billion, a P/E 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.