Billeaud Capital Management Inc. Buys 2,950 Shares of iShares Edge MSCI USA Momentum Factor ETF (MTUM)

Share on StockTwits

Billeaud Capital Management Inc. increased its stake in iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 131.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,198 shares of the company’s stock after acquiring an additional 2,950 shares during the period. iShares Edge MSCI USA Momentum Factor ETF makes up approximately 0.3% of Billeaud Capital Management Inc.’s investment portfolio, making the stock its 26th biggest position. Billeaud Capital Management Inc.’s holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $619,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTUM. Park Avenue Securities LLC boosted its position in shares of iShares Edge MSCI USA Momentum Factor ETF by 101.7% during the second quarter. Park Avenue Securities LLC now owns 635,410 shares of the company’s stock valued at $70,003,000 after buying an additional 320,333 shares during the period. Bessemer Group Inc. purchased a new position in shares of iShares Edge MSCI USA Momentum Factor ETF during the second quarter valued at approximately $32,822,000. Janney Montgomery Scott LLC boosted its position in shares of iShares Edge MSCI USA Momentum Factor ETF by 52.7% during the second quarter. Janney Montgomery Scott LLC now owns 585,865 shares of the company’s stock valued at $64,269,000 after buying an additional 202,084 shares during the period. PFS Investments Inc. boosted its position in shares of iShares Edge MSCI USA Momentum Factor ETF by 47.9% during the second quarter. PFS Investments Inc. now owns 601,022 shares of the company’s stock valued at $67,651,000 after buying an additional 194,774 shares during the period. Finally, Paragon Capital Management LLC boosted its position in shares of iShares Edge MSCI USA Momentum Factor ETF by 2,915.8% during the second quarter. Paragon Capital Management LLC now owns 155,764 shares of the company’s stock valued at $23,673,000 after buying an additional 150,599 shares during the period.

Shares of BATS:MTUM traded down $2.19 during trading hours on Thursday, hitting $110.43. 604,975 shares of the company’s stock traded hands. iShares Edge MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were given a dividend of $0.2649 per share. The ex-dividend date of this dividend was Wednesday, September 26th. This represents a $1.06 annualized dividend and a dividend yield of 0.96%.

Further Reading: Technical Analysis of Stocks, How Can It Help

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