Global Retirement Partners LLC Purchases 2,729 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Global Retirement Partners LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 126.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,879 shares of the company’s stock after acquiring an additional 2,729 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,009,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Fortitude Family Office LLC raised its position in 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 worth $25,000 after purchasing an additional 113 shares during the period. Signaturefd LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in 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 period. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of 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 acquiring an additional 188 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $43,000. Finally, AdvisorNet Financial Inc grew its position in iShares MSCI USA Momentum Factor ETF by 51.4% in 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 during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 5.2 %

MTUM stock opened at $219.82 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market cap of $11.90 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business’s fifty day simple moving average is $216.45 and its two-hundred day simple moving average is $207.42.

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.