Rothschild Wealth LLC Grows Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Rothschild Wealth LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 70.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,267 shares of the company’s stock after buying an additional 12,072 shares during the quarter. Rothschild Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,326,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Caliber Wealth Management LLC KS grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.4% during the fourth quarter. Caliber Wealth Management LLC KS now owns 9,680 shares of the company’s stock worth $2,423,000 after buying an additional 39 shares during the last quarter. Traction Financial Partners LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.4% during the fourth quarter. Traction Financial Partners LLC now owns 1,206 shares of the company’s stock worth $302,000 after buying an additional 40 shares during the last quarter. Lunt Capital Management Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.0% during the fourth quarter. Lunt Capital Management Inc. now owns 1,500 shares of the company’s stock worth $375,000 after buying an additional 43 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.2% during the fourth quarter. Venturi Wealth Management LLC now owns 3,942 shares of the company’s stock worth $987,000 after buying an additional 45 shares during the last quarter. Finally, Mutual Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. Mutual Advisors LLC now owns 5,728 shares of the company’s stock worth $1,434,000 after buying an additional 45 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS MTUM opened at $315.81 on Monday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $228.53 and a 52-week high of $317.98. The business’s 50-day moving average price is $275.97 and its 200 day moving average price is $260.08. The firm has a market cap of $23.05 billion, a P/E ratio of 28.67 and a beta of 1.02.

iShares MSCI USA Momentum Factor ETF 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.