Interchange Capital Partners LLC Buys Shares of 3,421 iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Interchange Capital Partners LLC bought a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,421 shares of the company’s stock, valued at approximately $708,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Duncker Streett & Co. Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $25,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares during the last quarter. Finally, Realta Investment Advisors acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth about $49,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $204.64 on Monday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The business has a 50-day moving average of $215.34 and a two-hundred day moving average of $210.07. The stock has a market capitalization of $14.07 billion, a P/E ratio of 27.42 and a beta of 0.99.

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.