iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Boosted by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 143.7% during the 4th quarter, HoldingsChannel reports. The firm owned 232,135 shares of the company’s stock after acquiring an additional 136,871 shares during the period. Dynasty Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $48,033,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Fortitude Family Office LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after buying an additional 113 shares during the period. Signaturefd LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $43,000. Finally, AdvisorNet Financial Inc lifted its position in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th 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 2.6 %

Shares of BATS:MTUM opened at $214.44 on Friday. The firm’s 50 day moving average is $216.96 and its two-hundred day moving average is $208.73. The firm has a market capitalization of $15.39 billion, a P/E ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.

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.