Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) acquired by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 3.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 48,281 shares of the company’s stock after acquiring an additional 1,579 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 3.2% of Global Wealth Strategies & Associates’ portfolio, making the stock its 7th biggest holding. Global Wealth Strategies & Associates’ holdings in iShares MSCI USA Momentum Factor ETF were worth $9,790,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have recently added to or reduced their stakes in the company. Woodmont Investment Counsel LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at about $28,000. GAMMA Investing LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the first quarter worth $29,000. Abich Financial Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter valued at $33,000. Able Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $28,000. Finally, Wellington Shields & Co. LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at $42,000.

Share performance of the iShares MSCI USA Momentum Factor ETF

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $202.17 on Thursday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm has a market cap of $10.95 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50-day simple moving average is $193.05, and its 200-day simple moving average is $190.27.

Company Profile for iShares MSCI USA Momentum Factor ETF

(Free Report)

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 US large- and mid-cap stocks selected and weighted based on 6- and 12-month price appreciation and low volatility over the past 3 years.

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Want to see what other hedge funds hold MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).

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