Berkshire Money Management Inc. Buys Shares of 1,303 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Berkshire Money Management Inc. bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,303 shares of the company’s stock, valued at approximately $270,000.

A number of other large investors have also made changes to their positions in MTUM. Gries Financial LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after buying an additional 48 shares during the last quarter. LongView Wealth Management raised its position in iShares MSCI USA Momentum Factor ETF by 2.0% in the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after acquiring an additional 54 shares during the period. Householder Group Estate & Retirement Specialist LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.8% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after acquiring an additional 59 shares during the last quarter. MinichMacGregor Wealth Management LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after acquiring an additional 63 shares during the period. Finally, GDS Wealth Management increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after purchasing an additional 65 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $220.43 on Wednesday. The business’s fifty day moving average is $213.49 and its 200 day moving average is $204.20. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The company has a market capitalization of $11.94 billion, a PE 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.