iShares MSCI USA Momentum Factor ETF $MTUM Stock Position Raised by Lido Advisors LLC

by · The Markets Daily

Lido Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 1.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 155,224 shares of the company’s stock after buying an additional 2,157 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $37,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in MTUM. Cary Street Partners Financial LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $25,000. Eagle Bay Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 176.3% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after acquiring an additional 67 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth approximately $26,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1%

Shares of MTUM opened at $314.24 on Thursday. The company’s fifty day moving average is $317.77 and its 200-day moving average is $279.54. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59. The firm has a market cap of $22.94 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

iShares MSCI USA Momentum Factor ETF Profile

(Free Report)

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.

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