iShares MSCI USA Momentum Factor ETF $MTUM Holdings Increased by Trinity Wealth Management LLC

Trinity Wealth Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 27.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 89,744 shares of the company’s stock after buying an additional 19,536 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up 9.8% of Trinity Wealth Management LLC’s holdings, making the stock its 2nd largest position. Trinity Wealth Management LLC owned about 0.12% of iShares MSCI USA Momentum Factor ETF worth $30,767,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $25,000. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $25,000. Eagle Bay Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $26,000. Financial Network Wealth Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 67 shares during the period. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter valued at $26,000.

iShares MSCI USA Momentum Factor ETF Stock Down 1.1%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $309.98 on Thursday. The firm has a market cap of $22.63 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $345.59. The business has a 50-day moving average price of $317.62 and a 200 day moving average price of $282.77.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.