iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Reaches New 1-Year High at $202.80

iShares MSCI USA Momentum Factor ETF (BATS:MTUM)’s share price hit a new 52-week high on Monday . The stock traded as high as $202.80 and last traded at $202.60, with a volume of 555288 shares changing hands. The stock had previously closed at $201.94.

iShares MSCI USA Momentum Factor ETF Stock Up 0.3 %

The firm has a 50 day moving average price of $192.45 and a two-hundred day moving average price of $189.92. The company has a market capitalization of $10.97 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in MTUM. First Personal Financial Services acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $27,000. Able Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $28,000. Woodmont Investment Counsel LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $28,000. GAMMA Investing LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $29,000. Finally, Abich Financial Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $33,000.

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.