Twin Peaks Wealth Advisors LLC Increases Stake in iShares MSCI USA Momentum Factor ETF $MTUM

Twin Peaks Wealth Advisors LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 68.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,948 shares of the company’s stock after buying an additional 6,093 shares during the period. iShares MSCI USA Momentum Factor ETF comprises 1.1% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,848,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2,939.7% in the 3rd quarter. Focus Partners Wealth now owns 927,145 shares of the company’s stock valued at $237,766,000 after purchasing an additional 896,644 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 55.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 721,042 shares of the company’s stock worth $180,484,000 after purchasing an additional 256,639 shares during the last quarter. CWM LLC grew its position in iShares MSCI USA Momentum Factor ETF by 25.3% during the 4th quarter. CWM LLC now owns 1,141,425 shares of the company’s stock worth $285,710,000 after purchasing an additional 230,310 shares during the last quarter. Park Avenue Securities LLC grew its position in iShares MSCI USA Momentum Factor ETF by 35.7% during the 4th quarter. Park Avenue Securities LLC now owns 711,023 shares of the company’s stock worth $177,976,000 after purchasing an additional 187,155 shares during the last quarter. Finally, Symmetry Partners LLC grew its position in iShares MSCI USA Momentum Factor ETF by 71.8% during the 4th quarter. Symmetry Partners LLC now owns 416,566 shares of the company’s stock worth $104,271,000 after purchasing an additional 174,074 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $316.93 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.29 and a 1 year high of $318.62. The company has a market capitalization of $23.14 billion, a P/E ratio of 28.67 and a beta of 1.02. The company’s fifty day moving average is $277.37 and its two-hundred day moving average is $260.54.

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