Shared Vision Wealth Group LLC Has $2.51 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Shared Vision Wealth Group LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 49.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 9,786 shares of the company’s stock after purchasing an additional 3,253 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 1.0% of Shared Vision Wealth Group LLC’s investment portfolio, making the stock its 26th biggest position. Shared Vision Wealth Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,514,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $25,000. Dagco Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $25,000. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $25,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $26,000. Finally, United Financial Planning Group LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $28,000.

iShares MSCI USA Momentum Factor ETF Stock Down 6.0%

MTUM stock opened at $306.47 on Friday. The business’s fifty day moving average is $283.55 and its 200-day moving average is $262.53. The company has a market cap of $22.37 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.29 and a twelve month high of $331.49.

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.