Dakota Wealth Management Has $678,000 Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Dakota Wealth Management grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 19.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,343 shares of the company’s stock after buying an additional 546 shares during the quarter. Dakota Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $678,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. QRG Capital Management Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $329,000. Blair William & Co. IL boosted its holdings in iShares MSCI USA Momentum Factor ETF by 7.8% during the first quarter. Blair William & Co. IL now owns 7,919 shares of the company’s stock worth $1,484,000 after purchasing an additional 571 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in iShares MSCI USA Momentum Factor ETF by 642.4% during the first quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock worth $1,342,000 after purchasing an additional 6,199 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after purchasing an additional 3,260 shares during the last quarter. Finally, Cetera Advisor Networks LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 8.8% during the first quarter. Cetera Advisor Networks LLC now owns 126,486 shares of the company’s stock worth $23,697,000 after purchasing an additional 10,257 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 0.6 %

Shares of MTUM opened at $205.74 on Monday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The firm has a fifty day simple moving average of $200.16 and a 200 day simple moving average of $192.59. The stock has a market capitalization of $11.14 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.