iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated grew its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 75.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,691 shares of the company’s stock after purchasing an additional 3,313 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,553,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Woodmont Investment Counsel LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the first quarter valued at about $28,000. GAMMA Investing LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $29,000. Signaturefd LLC boosted its position in shares of 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 in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $33,000. Finally, Wellington Shields & Co. LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter valued at approximately $42,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $206.98 on Friday. The firm has a market cap of $11.21 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm’s 50 day moving average price is $199.94 and its two-hundred day moving average price is $192.42.

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.