Gilbert Capital Group Inc. Acquires Shares of 15,603 iShares MSCI USA Momentum Factor ETF $MTUM

Gilbert Capital Group Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 15,603 shares of the company’s stock, valued at approximately $3,750,000. iShares MSCI USA Momentum Factor ETF comprises 3.1% of Gilbert Capital Group Inc.’s holdings, making the stock its 11th largest holding.

Several other hedge funds also recently made changes to their positions in MTUM. Harbor Investment Advisory LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after acquiring an additional 118 shares in the last quarter. WFA of San Diego LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $46,000. GAMMA Investing LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 45.0% during the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock worth $52,000 after purchasing an additional 67 shares during the period. Hilltop National Bank acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth $55,000. Finally, Fortitude Family Office LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 109.0% in the 2nd quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock worth $61,000 after buying an additional 133 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $249.49 on Monday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99. The company has a 50-day simple moving average of $250.78 and a 200-day simple moving average of $245.21. The firm has a market capitalization of $18.21 billion, a PE ratio of 28.67 and a beta of 1.02.

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.