5T Wealth LLC Acquires 2,246 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

5T Wealth LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 16.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,935 shares of the company’s stock after purchasing an additional 2,246 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 1.6% of 5T Wealth LLC’s holdings, making the stock its 20th biggest position. 5T Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,988,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Caprock Group LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $3,283,000. Strategic Blueprint LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 18.9% during the 3rd quarter. Strategic Blueprint LLC now owns 30,074 shares of the company’s stock worth $7,713,000 after purchasing an additional 4,790 shares in the last quarter. Braun Bostich & Associates Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 63.4% during the 4th quarter. Braun Bostich & Associates Inc. now owns 11,497 shares of the company’s stock worth $2,878,000 after purchasing an additional 4,463 shares in the last quarter. FLP Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 753.1% during the 3rd quarter. FLP Wealth Management LLC now owns 12,566 shares of the company’s stock worth $3,223,000 after purchasing an additional 11,093 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Cerity Partners LLC now owns 1,151,952 shares of the company’s stock worth $295,418,000 after acquiring an additional 29,230 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.3%

Shares of MTUM opened at $274.46 on Friday. The stock has a market capitalization of $20.04 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $187.70 and a twelve month high of $275.23. The company has a 50 day moving average of $251.09 and a 200-day moving average of $251.95.

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