Dorsey Wright & Associates Sells 5,284 Shares of iShares Edge MSCI USA Momentum Factor ETF (MTUM)

Dorsey Wright & Associates reduced its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,362 shares of the company’s stock after selling 5,284 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $5,874,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Moneta Group Investment Advisors LLC purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the second quarter worth about $205,000. Marshall Wace LLP purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the second quarter worth about $219,000. Atlas Brown Inc. purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the second quarter worth about $244,000. Sequent Asset Management LLC purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the second quarter worth about $243,000. Finally, Billeaud Capital Management Inc. purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the second quarter worth about $247,000.

Shares of BATS MTUM traded up $2.74 during midday trading on Friday, reaching $110.80. 1,956,051 shares of the stock were exchanged. iShares Edge MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were issued a dividend of $0.2649 per share. The ex-dividend date was Wednesday, September 26th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 0.96%.

Featured Article: How is an ETF different from a mutual fund?

Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM).

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

Receive News & Ratings for iShares Edge MSCI USA Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Edge MSCI USA Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply