Tyche Wealth Partners LLC Buys 66 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Tyche Wealth Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,533 shares of the company’s stock after purchasing an additional 66 shares during the quarter. Tyche Wealth Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $514,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MTUM. Fortitude Family Office LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Woodmont Investment Counsel LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth about $28,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $33,000. Signaturefd LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the period. Finally, Wellington Shields & Co. LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $42,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.4 %

BATS MTUM traded up $0.78 on Tuesday, hitting $206.52. The company’s stock had a trading volume of 403,136 shares. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The firm has a market cap of $11.18 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50-day simple moving average is $200.35 and its 200 day simple moving average is $192.78.

About iShares MSCI USA Momentum Factor ETF

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.