5T Wealth LLC Buys New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

5T Wealth LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,401 shares of the company’s stock, valued at approximately $2,773,000. iShares MSCI USA Momentum Factor ETF makes up about 1.5% of 5T Wealth LLC’s portfolio, making the stock its 17th biggest position.

A number of other large investors have also bought and sold shares of MTUM. Fortitude Family Office LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third 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 period. Signaturefd LLC increased its position 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 valued at $33,000 after buying an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th 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 period. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF in the third quarter worth approximately $43,000. Finally, AdvisorNet Financial Inc grew its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 9.3 %

BATS MTUM opened at $228.40 on Monday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The business has a 50 day moving average price of $215.19 and a 200-day moving average price of $206.49. The company has a market cap of $12.37 billion, a price-to-earnings 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.