Traders Buy Shares of iShares Edge MSCI USA Momentum Factor ETF (MTUM) on Weakness

Traders bought shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) on weakness during trading on Wednesday. $77.97 million flowed into the stock on the tick-up and $38.48 million flowed out of the stock on the tick-down, for a money net flow of $39.49 million into the stock. Of all equities tracked, iShares Edge MSCI USA Momentum Factor ETF had the 30th highest net in-flow for the day. iShares Edge MSCI USA Momentum Factor ETF traded down ($3.29) for the day and closed at $106.88

A number of institutional investors and hedge funds have recently modified their holdings of MTUM. Parkside Investments LLC acquired a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 3rd quarter worth about $143,000. Moneta Group Investment Advisors LLC acquired a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 2nd quarter worth about $205,000. Marshall Wace LLP acquired a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 2nd quarter worth about $219,000. WASHINGTON TRUST Co acquired a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 3rd quarter worth about $275,000. Finally, Valeo Financial Advisors LLC lifted its position in iShares Edge MSCI USA Momentum Factor ETF by 736.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,969 shares of the company’s stock worth $336,000 after acquiring an additional 2,614 shares during the period.

WARNING: “Traders Buy Shares of iShares Edge MSCI USA Momentum Factor ETF (MTUM) on Weakness” was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2018/12/06/traders-buy-shares-of-ishares-edge-msci-usa-momentum-factor-etf-mtum-on-weakness.html.

See Also: What is Cost of Capital?

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