Mosley Wealth Management Buys 5,679 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Mosley Wealth Management boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 137.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,820 shares of the company’s stock after acquiring an additional 5,679 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 1.3% of Mosley Wealth Management’s holdings, making the stock its 17th biggest holding. Mosley Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,124,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Duncker Streett & Co. Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $25,000. Mainstream Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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. AdvisorNet Financial Inc raised its holdings in shares of 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 purchasing an additional 74 shares during the last quarter. Finally, Realta Investment Advisors acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $49,000.

iShares MSCI USA Momentum Factor ETF Stock Down 2.1 %

BATS MTUM opened at $204.64 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $229.77. The company has a market capitalization of $14.07 billion, a PE ratio of 27.42 and a beta of 0.99. The firm’s 50 day moving average is $215.34 and its 200-day moving average is $209.94.

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.