Mount Yale Investment Advisors LLC Acquires Shares of 5,792 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Mount Yale Investment Advisors LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,792 shares of the company’s stock, valued at approximately $1,198,000.

Several other institutional investors also recently modified their holdings of the business. Fortitude Family Office LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Signaturefd LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its stake 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 valued at $41,000 after purchasing an additional 188 shares during the last quarter. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at $43,000. Finally, AdvisorNet Financial Inc grew its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $213.85 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The stock’s fifty day moving average price is $212.86 and its two-hundred day moving average price is $203.36. The firm has a market cap of $11.58 billion, a PE ratio of 18.53 and a beta of 1.10.

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.