Comprehensive Financial Planning Inc. PA Acquires New Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Comprehensive Financial Planning Inc. PA acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, Holdings Channel.com reports. The firm acquired 428 shares of the company’s stock, valued at approximately $89,000.

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

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $226.95 on Tuesday. The stock’s 50-day moving average is $214.13 and its two-hundred day moving average is $205.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company has a market cap of $12.29 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.