853 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Acquired by Valtinson Bruner Financial Planning LLC

Valtinson Bruner Financial Planning LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 853 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors have also recently made changes to their positions in the company. Teamwork Financial Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.6% in the second quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock worth $411,000 after acquiring an additional 44 shares during the period. Vantage Point Financial LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.2% during the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after purchasing an additional 51 shares in the last quarter. Private Advisory Group LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1.3% during the first quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock valued at $916,000 after buying an additional 57 shares during the period. Larson Financial Group LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 4.2% during the first quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock worth $304,000 after buying an additional 61 shares during the period. Finally, Tyche Wealth Partners LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Tyche Wealth Partners LLC now owns 2,500 shares of the company’s stock valued at $601,000 after purchasing an additional 63 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 18.1%

Shares of MTUM stock opened at $246.87 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99. The business’s fifty day simple moving average is $252.72 and its 200-day simple moving average is $239.35. The company has a market cap of $18.02 billion, a PE ratio of 28.67 and a beta of 1.02.

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.