3,857 Shares in iShares MSCI USA Momentum Factor ETF $MTUM Acquired by Ethos Financial Group LLC

Ethos Financial Group LLC purchased a new position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,857 shares of the company’s stock, valued at approximately $926,000.

Several other institutional investors also recently modified their holdings of MTUM. Sanctuary Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the 1st quarter. Sanctuary Advisors LLC now owns 242,941 shares of the company’s stock worth $58,303,000 after acquiring an additional 9,100 shares in the last quarter. 1ST Source Bank grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.9% in the 1st quarter. 1ST Source Bank now owns 944 shares of the company’s stock worth $227,000 after acquiring an additional 44 shares during the last quarter. Nwam LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 91.3% during the first quarter. Nwam LLC now owns 3,942 shares of the company’s stock worth $946,000 after purchasing an additional 1,881 shares during the period. Summit Wealth Group LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 0.3% during the first quarter. Summit Wealth Group LLC now owns 53,142 shares of the company’s stock worth $12,753,000 after purchasing an additional 151 shares during the period. Finally, Northland Securities Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 23.1% during the first quarter. Northland Securities Inc. now owns 1,974 shares of the company’s stock valued at $474,000 after purchasing an additional 370 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 2.2%

BATS:MTUM opened at $312.67 on Thursday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59. The firm has a market capitalization of $22.82 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The stock has a fifty day simple moving average of $317.25 and a 200 day simple moving average of $277.60.

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.