HMV Wealth Advisors LLC Invests $299,000 in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

HMV Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, HoldingsChannel reports. The fund bought 1,446 shares of the company’s stock, valued at approximately $299,000.

A number of other hedge funds have also modified their holdings of the business. Wellington Shields & Co. LLC grew its position in iShares MSCI USA Momentum Factor ETF by 45.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 322 shares of the company’s stock valued at $67,000 after buying an additional 100 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares MSCI USA Momentum Factor ETF by 62.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 333,799 shares of the company’s stock valued at $69,070,000 after buying an additional 127,772 shares during the last quarter. CFO4Life Group LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1.2% in the 4th quarter. CFO4Life Group LLC now owns 123,597 shares of the company’s stock valued at $25,575,000 after buying an additional 1,426 shares during the last quarter. Avantax Advisory Services Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 263.0% in the 4th quarter. Avantax Advisory Services Inc. now owns 38,815 shares of the company’s stock valued at $8,032,000 after buying an additional 28,121 shares during the last quarter. Finally, Liberty Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $5,253,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $202.19 on Friday. The firm has a market capitalization of $13.90 billion, a P/E ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77. The company’s fifty day moving average is $216.02 and its two-hundred day moving average is $209.56.

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.