Csenge Advisory Group Acquires 5,814 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Csenge Advisory Group boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 26.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,636 shares of the company’s stock after purchasing an additional 5,814 shares during the quarter. Csenge Advisory Group owned approximately 0.05% of iShares MSCI USA Momentum Factor ETF worth $5,718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Exchange Traded Concepts LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at approximately $78,000. Bfsg LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $56,000. Stratos Wealth Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 33.9% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 7,912 shares of the company’s stock valued at $1,604,000 after buying an additional 2,001 shares during the period. Trilogy Capital Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Trilogy Capital Inc. now owns 289,314 shares of the company’s stock valued at $58,661,000 after buying an additional 7,343 shares during the period. Finally, Marino Stram & Associates LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1.6% during the 3rd quarter. Marino Stram & Associates LLC now owns 5,718 shares of the company’s stock valued at $1,159,000 after buying an additional 91 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $228.40 on Friday. The stock’s fifty day moving average is $215.19 and its 200 day moving average is $206.38. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The firm has a market capitalization of $12.37 billion, a PE 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.