iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by First Heartland Consultants Inc.

First Heartland Consultants Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 30.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,345 shares of the company’s stock after purchasing an additional 314 shares during the period. First Heartland Consultants Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $273,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares MSCI USA Momentum Factor ETF by 21.2% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 62,014 shares of the company’s stock worth $12,574,000 after acquiring an additional 10,831 shares during the last quarter. GDS Wealth Management raised its position in iShares MSCI USA Momentum Factor ETF by 3.2% during the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after acquiring an additional 65 shares during the last quarter. 1900 Wealth Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 18.8% during the third quarter. 1900 Wealth Management LLC now owns 169,315 shares of the company’s stock worth $31,721,000 after acquiring an additional 26,745 shares during the last quarter. Tyler Stone Wealth Management raised its position in iShares MSCI USA Momentum Factor ETF by 99.3% during the third quarter. Tyler Stone Wealth Management now owns 7,830 shares of the company’s stock worth $1,588,000 after acquiring an additional 3,902 shares during the last quarter. Finally, Assetmark Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 4.5% during the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 0.3 %

Shares of MTUM opened at $211.97 on Thursday. The stock has a market cap of $11.48 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50-day moving average of $202.85 and a two-hundred day moving average of $195.00. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month 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.