Decker Wealth Management LLC Acquires New Position in iShares MSCI USA Momentum Factor ETF $MTUM

Decker Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,252 shares of the company’s stock, valued at approximately $1,500,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Regimen Wealth LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 13.3% during the first quarter. Regimen Wealth LLC now owns 3,985 shares of the company’s stock worth $956,000 after acquiring an additional 469 shares in the last quarter. Vision Retirement LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.3% during the 1st quarter. Vision Retirement LLC now owns 1,835 shares of the company’s stock valued at $440,000 after purchasing an additional 59 shares during the last quarter. Hershey Financial Advisers LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.3% during the 1st quarter. Hershey Financial Advisers LLC now owns 2,225 shares of the company’s stock valued at $534,000 after purchasing an additional 111 shares during the last quarter. Dorsey Wright & Associates grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 147.8% during the 1st quarter. Dorsey Wright & Associates now owns 29,213 shares of the company’s stock valued at $7,011,000 after purchasing an additional 17,426 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 12.1% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 17,795 shares of the company’s stock worth $4,271,000 after purchasing an additional 1,915 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $302.09 on Monday. The company has a market capitalization of $22.05 billion, a PE ratio of 28.67 and a beta of 1.02. The firm has a fifty day simple moving average of $317.45 and a two-hundred day simple moving average of $278.29. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $345.59.

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.