LongView Wealth Management Has $501,000 Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

LongView Wealth Management grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,675 shares of the company’s stock after buying an additional 100 shares during the quarter. LongView Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $501,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Indiana Trust & Investment Management CO acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $128,000. Mosley Wealth Management grew its holdings in iShares MSCI USA Momentum Factor ETF by 7.4% in the first quarter. Mosley Wealth Management now owns 3,783 shares of the company’s stock worth $709,000 after purchasing an additional 260 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 52.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,545 shares of the company’s stock worth $477,000 after purchasing an additional 874 shares in the last quarter. Atlas Capital Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1.3% during the 1st quarter. Atlas Capital Advisors LLC now owns 36,078 shares of the company’s stock worth $6,759,000 after buying an additional 450 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2,956.0% in the first quarter. Sound Income Strategies LLC now owns 7,579 shares of the company’s stock worth $1,420,000 after acquiring an additional 7,331 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM traded down $0.22 during mid-day trading on Friday, reaching $194.84. 550,589 shares of the company’s stock traded hands. The business has a 50-day simple moving average of $187.75 and a 200 day simple moving average of $178.16. The stock has a market cap of $10.55 billion, a P/E 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.

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.