Center For Asset Management LLC Grows Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Center For Asset Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,783 shares of the company’s stock after buying an additional 267 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 0.9% of Center For Asset Management LLC’s holdings, making the stock its 29th largest holding. Center For Asset Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Fortitude Family Office LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares during the last quarter. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $43,000. Finally, AdvisorNet Financial Inc lifted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 6.7 %

MTUM stock opened at $222.97 on Monday. The firm has a 50-day moving average of $212.86 and a two-hundred day moving average of $203.35. The firm has a market capitalization of $12.07 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

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.