iShares MSCI USA Momentum Factor ETF $MTUM is WMS Group LLC’s 4th Largest Position

WMS Group LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 32.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,463 shares of the company’s stock after buying an additional 3,800 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for 5.4% of WMS Group LLC’s investment portfolio, making the stock its 4th biggest position. WMS Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,711,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of MTUM. Sequent Planning LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $272,000. Polaris Investment Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 8.4% in the first quarter. Polaris Investment Advisors LLC now owns 13,789 shares of the company’s stock valued at $3,309,000 after purchasing an additional 1,072 shares during the period. Financial Architects LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 3.1% in the first quarter. Financial Architects LLC now owns 33,835 shares of the company’s stock valued at $8,120,000 after purchasing an additional 1,010 shares during the last quarter. ADG Wealth Management Group LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 35.3% in the first quarter. ADG Wealth Management Group LLC now owns 1,431 shares of the company’s stock valued at $343,000 after purchasing an additional 373 shares during the last quarter. Finally, AA Financial Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 17.5% during the first quarter. AA Financial Advisors LLC now owns 974 shares of the company’s stock worth $234,000 after buying an additional 145 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 4.0%

Shares of BATS:MTUM opened at $325.74 on Friday. The stock’s 50-day moving average price is $306.31 and its two-hundred day moving average price is $271.07. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59. The firm has a market cap of $23.78 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

iShares MSCI USA Momentum Factor ETF Company 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.