RFG Advisory LLC Invests $1.32 Million in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

RFG Advisory LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,395 shares of the company’s stock, valued at approximately $1,323,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares in the last quarter. Signaturefd LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the last quarter. Arizona PSPRS Trust grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after acquiring an additional 7,115 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock valued at $39,586,000 after purchasing an additional 4,802 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $222.97 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The firm’s 50-day simple moving average is $212.86 and its 200 day simple moving average is $203.35. The stock has a market cap of $12.07 billion, a PE ratio of 18.53 and a beta of 1.10.

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.