Meridian Wealth Management LLC Has $219,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)
Meridian Wealth Management LLC cut its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 18.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,398 shares of the company’s stock after selling 308 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $219,000 at the end of the most recent quarter. A number of other large investors have also bought and sold shares of MTUM. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.1% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 786,013 shares of the company’s stock valued at $109,806,000 after buying an additional 31,178 shares during the period. Opes Wealth Management LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 5.5% during the third quarter. Opes Wealth Management LLC now owns 46,643 shares of the company’s stock worth $6,516,000 after purchasing an additional 2,411 shares during the period. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $2,883,000. Larson Financial Group LLC grew its position in iShares MSCI USA Momentum Factor ETF by 13.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,208 shares of the company’s stock valued at $169,000 after purchasing an additional 147 shares during the period. Finally, Corient Private Wealth LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 2.1% during the 3rd quarter. Corient Private Wealth LLC now owns 652,951 shares of the company’s stock valued at $91,217,000 after purchasing an additional 13,613 shares in the last quarter. iShares MSCI USA Momentum Factor ETF Trading Down 0.1 % MTUM opened at $187.40 on Monday. The company has a market cap of $10.15 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The company’s fifty day moving average price is $183.66 and its two-hundred day moving average price is $169.46. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. iShares MSCI USA Momentum Factor ETF Profile (Free Report) 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.
