Financial Counselors Inc. Buys 76 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Financial Counselors Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,427 shares of the company’s stock after acquiring an additional 76 shares during the period. Financial Counselors Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $295,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MTUM. Duncker Streett & Co. Inc. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth $25,000. Murphy & Mullick Capital Management Corp bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at about $30,000. Mainstream Capital Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 worth $41,000 after acquiring an additional 188 shares during the period. Finally, AdvisorNet Financial Inc grew its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 3.9 %

BATS MTUM opened at $200.78 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 stock has a market cap of $13.80 billion, a PE ratio of 27.42 and a beta of 0.99. The stock’s 50 day moving average is $214.93 and its 200 day moving average is $210.40.

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.