Berkshire Money Management Inc. Has $3.47 Million Position in iShares MSCI USA Momentum Factor ETF $MTUM

Berkshire Money Management Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,878 shares of the company’s stock after acquiring an additional 1,931 shares during the period. iShares MSCI USA Momentum Factor ETF comprises about 0.3% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 26th biggest position. Berkshire Money Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,474,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. 5T Wealth LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 16.4% during the fourth quarter. 5T Wealth LLC now owns 15,935 shares of the company’s stock worth $3,988,000 after acquiring an additional 2,246 shares in the last quarter. Global Financial Private Client LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $280,000. Symmetry Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 71.8% during the fourth quarter. Symmetry Partners LLC now owns 416,566 shares of the company’s stock worth $104,271,000 after acquiring an additional 174,074 shares in the last quarter. Wealth Enhancement Trust Services Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $256,000. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 673.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 6,380 shares of the company’s stock worth $1,597,000 after acquiring an additional 5,555 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $274.46 on Monday. The firm 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 52-week low of $187.70 and a 52-week high of $275.23. The stock has a fifty day moving average price of $251.09 and a two-hundred day moving average price of $251.92.

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