Westside Investment Management Inc. Purchases New Position in iShares Edge MSCI USA Momentum Factor ETF (MTUM)

Westside Investment Management Inc. purchased a new position in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 970 shares of the company’s stock, valued at approximately $97,000.

Several other institutional investors have also modified their holdings of the company. Patriot Wealth Management Inc. increased its position in iShares Edge MSCI USA Momentum Factor ETF by 2.7% in the 3rd quarter. Patriot Wealth Management Inc. now owns 76,024 shares of the company’s stock valued at $9,047,000 after buying an additional 1,997 shares in the last quarter. Paragon Wealth Strategies LLC increased its position in iShares Edge MSCI USA Momentum Factor ETF by 43.2% in the 3rd quarter. Paragon Wealth Strategies LLC now owns 6,787 shares of the company’s stock valued at $808,000 after buying an additional 2,049 shares in the last quarter. Bogart Wealth LLC increased its position in iShares Edge MSCI USA Momentum Factor ETF by 20,483.7% in the 3rd quarter. Bogart Wealth LLC now owns 10,086 shares of the company’s stock valued at $1,200,000 after buying an additional 10,037 shares in the last quarter. Parkside Investments LLC bought a new stake in iShares Edge MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $143,000. Finally, Billeaud Capital Management Inc. increased its position in iShares Edge MSCI USA Momentum Factor ETF by 131.2% in the 3rd quarter. Billeaud Capital Management Inc. now owns 5,198 shares of the company’s stock valued at $619,000 after buying an additional 2,950 shares in the last quarter.

MTUM stock traded up $0.60 during mid-day trading on Tuesday, reaching $107.88. 251,231 shares of the company traded hands. iShares Edge MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

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Institutional Ownership by Quarter for iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

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