Raleigh Capital Management Inc. Has $501,000 Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Raleigh Capital Management Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8,866.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,421 shares of the company’s stock after buying an additional 2,394 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $501,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of MTUM. Fortitude Family Office LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after purchasing an additional 113 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $33,000. Signaturefd LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at about $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $222.02 on Thursday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm has a 50-day moving average of $212.09 and a 200-day moving average of $202.89. The company has a market cap of $12.02 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.