iShares MSCI USA Momentum Factor ETF $MTUM Shares Purchased by Alexis Investment Partners LLC

Alexis Investment Partners LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 10.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 32,732 shares of the company’s stock after acquiring an additional 3,063 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 3.1% of Alexis Investment Partners LLC’s portfolio, making the stock its 7th biggest holding. Alexis Investment Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,268,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Dagco Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $25,000. Eagle Bay Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $26,000. TFC Financial Management Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $28,000. Finally, United Financial Planning Group LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $28,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $280.90 on Monday. The firm has a market capitalization of $20.51 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The business’s 50-day moving average price is $253.26 and its 200-day moving average price is $252.65. iShares MSCI USA Momentum Factor ETF has a 12 month low of $203.81 and a 12 month high of $281.46.

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