Benjamin Edwards Inc. Has $1.47 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Benjamin Edwards Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 63.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,111 shares of the company’s stock after purchasing an additional 2,766 shares during the period. Benjamin Edwards Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,471,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in 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 in the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th 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. Vontobel Holding Ltd. acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $432,000. Kingsview Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after purchasing an additional 202 shares in the last quarter. Finally, Summit X LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1,416.6% during the 4th quarter. Summit X LLC now owns 22,142 shares of the company’s stock valued at $4,582,000 after purchasing an additional 20,682 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $215.73 on Thursday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The firm has a market capitalization of $14.90 billion, a PE ratio of 26.98 and a beta of 1.00. The company’s 50-day moving average is $201.85 and its 200 day moving average is $209.95.

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.