iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Maia Wealth LLC

Maia Wealth LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,602 shares of the company’s stock after acquiring an additional 265 shares during the quarter. Maia Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $625,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after purchasing an additional 118 shares during the period. GAMMA Investing LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 45.0% in the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after buying an additional 67 shares during the period. Hilltop National Bank acquired a new position in iShares MSCI USA Momentum Factor ETF in the second quarter valued at about $55,000. Fortitude Family Office LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 109.0% in the second quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock valued at $61,000 after buying an additional 133 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $65,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $247.80 on Thursday. The firm has a 50-day simple moving average of $251.81 and a two-hundred day simple moving average of $243.12. The stock has a market cap of $18.09 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99.

About iShares MSCI USA Momentum Factor ETF

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.