RoundAngle Advisors LLC Makes New Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

RoundAngle Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 12,959 shares of the company’s stock, valued at approximately $2,681,000. iShares MSCI USA Momentum Factor ETF makes up about 2.6% of RoundAngle Advisors LLC’s holdings, making the stock its 11th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MTUM. Fortitude Family Office LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth $33,000. Signaturefd LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares in 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 valued at $41,000 after acquiring an additional 188 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter valued at about $43,000.

iShares MSCI USA Momentum Factor ETF Stock Up 4.0 %

BATS MTUM opened at $217.36 on Monday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The business has a 50-day moving average price of $211.85 and a 200-day moving average price of $202.60. The firm has a market cap of $11.77 billion, a price-to-earnings 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.