Tempo Wealth LLC Acquires New Shares in iShares MSCI USA Momentum Factor ETF $MTUM

Tempo Wealth LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,305 shares of the company’s stock, valued at approximately $2,580,000.

A number of other institutional investors also recently bought and sold shares of the company. KW Wealth Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $222,000. Anderson Financial Strategies LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.3% in the fourth quarter. Anderson Financial Strategies LLC now owns 9,275 shares of the company’s stock worth $2,322,000 after acquiring an additional 381 shares during the last quarter. Barnes Wealth Management Group Inc raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 27.1% in the fourth quarter. Barnes Wealth Management Group Inc now owns 12,356 shares of the company’s stock worth $3,093,000 after acquiring an additional 2,638 shares during the last quarter. Forthright Family Wealth Advisory LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1.8% in the fourth quarter. Forthright Family Wealth Advisory LLC now owns 12,069 shares of the company’s stock valued at $3,021,000 after acquiring an additional 213 shares in the last quarter. Finally, Walser Wealth Management Company A Ltd Liability Co purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $982,000.

iShares MSCI USA Momentum Factor ETF Trading Up 3.1%

iShares MSCI USA Momentum Factor ETF stock opened at $338.52 on Friday. The stock has a 50-day moving average price of $298.01 and a 200 day moving average price of $267.65. iShares MSCI USA Momentum Factor ETF has a 52 week low of $229.42 and a 52 week high of $339.83. The stock has a market cap of $24.71 billion, a PE ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.