10,173 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Acquired by Mosley Wealth Management

Mosley Wealth Management purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,173 shares of the company’s stock, valued at approximately $2,604,000. iShares MSCI USA Momentum Factor ETF comprises 1.2% of Mosley Wealth Management’s investment portfolio, making the stock its 19th largest position.

Other hedge funds have also made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $25,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Dagco Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $26,000. Finally, United Financial Planning Group LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $28,000.

iShares MSCI USA Momentum Factor ETF Trading Up 4.6%

Shares of BATS MTUM opened at $319.01 on Friday. The company has a market cap of $23.29 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $331.49. The stock’s 50 day simple moving average is $289.67 and its 200 day simple moving average is $264.70.

iShares MSCI USA Momentum Factor ETF 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.