Yeomans Consulting Group Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 87,017 shares of the company’s stock after acquiring an additional 5,189 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 6.7% of Yeomans Consulting Group Inc.’s holdings, making the stock its 3rd biggest holding. Yeomans Consulting Group Inc. owned approximately 0.16% of iShares MSCI USA Momentum Factor ETF worth $18,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also made changes to their positions in MTUM. Fortitude Family Office LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd 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. Abich Financial Wealth Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $33,000. Signaturefd LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third 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. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000.
iShares MSCI USA Momentum Factor ETF Stock Up 7.0 %
Shares of MTUM stock opened at $223.65 on Friday. The firm has a 50 day moving average of $212.29 and a two-hundred day moving average of $203.02. The stock has a market capitalization of $12.11 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.
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.
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