Vantus Wealth LLC Invests $834,000 in iShares MSCI USA Momentum Factor ETF $MTUM

Vantus Wealth LLC bought a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,332 shares of the company’s stock, valued at approximately $834,000.

Several other hedge funds have also recently modified their holdings of MTUM. Bison Wealth LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after buying an additional 133 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth $2,488,000. Russell Investments Group Ltd. raised its stake in iShares MSCI USA Momentum Factor ETF by 15.1% during the second quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock valued at $234,000 after purchasing an additional 128 shares in the last quarter. First Trust Advisors LP purchased a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $350,000. Finally, Qube Research & Technologies Ltd raised its stake in iShares MSCI USA Momentum Factor ETF by 543.9% during the second quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock valued at $30,631,000 after purchasing an additional 107,665 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.4%

iShares MSCI USA Momentum Factor ETF stock opened at $316.93 on Tuesday. The company has a market cap of $23.14 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The firm’s fifty day moving average is $277.37 and its 200 day moving average is $260.54. iShares MSCI USA Momentum Factor ETF has a 52-week low of $229.29 and a 52-week high of $318.62.

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.