Sanctuary Advisors LLC Buys Shares of 28,460 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sanctuary Advisors LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 28,460 shares of the company’s stock, valued at approximately $5,114,000.

Several other large investors have also made changes to their positions in MTUM. Able Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $28,000. Woodmont Investment Counsel LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth about $28,000. GAMMA Investing LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at approximately $29,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $33,000. Finally, Wellington Shields & Co. LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $42,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $203.76 on Friday. The firm has a 50 day simple moving average of $193.69 and a 200 day simple moving average of $190.53. The company has a market cap of $11.03 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

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.