iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Regal Investment Advisors LLC

Regal Investment Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,652 shares of the company’s stock after buying an additional 85 shares during the period. Regal Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Able Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $28,000. Woodmont Investment Counsel LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth about $28,000. GAMMA Investing LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $29,000. Abich Financial Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the second quarter valued at about $33,000. Finally, Wellington Shields & Co. LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth about $42,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $201.61 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company’s 50 day simple moving average is $192.76 and its 200-day simple moving average is $190.18. The company has a market capitalization of $10.92 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

iShares MSCI USA Momentum Factor ETF Company 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.