Freestone Capital Holdings LLC Takes $238,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Freestone Capital Holdings LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,152 shares of the company’s stock, valued at approximately $238,000.

Several other large investors have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. grew 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 valued at $41,000 after acquiring an additional 188 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares during the period. Vontobel Holding Ltd. purchased a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $432,000. Kingsview Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after buying an additional 202 shares during the period. Finally, Arizona PSPRS Trust increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third 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 during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 2.2 %

Shares of BATS:MTUM opened at $204.42 on Friday. The business has a fifty day simple moving average of $217.00 and a 200 day simple moving average of $209.51. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The firm has a market cap of $14.67 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

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.