CIBC World Markets Inc. Decreases Holdings in iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

CIBC World Markets Inc. lowered its stake in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 56.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 5,505 shares of the company’s stock after selling 7,144 shares during the quarter. CIBC World Markets Inc.’s holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $618,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its holdings in iShares Edge MSCI USA Momentum Factor ETF by 2,606.7% during the 4th quarter. Bank of New York Mellon Corp now owns 961,146 shares of the company’s stock valued at $96,336,000 after acquiring an additional 925,636 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF in the 1st quarter worth $52,597,000. Claybrook Capital LLC purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF in the 4th quarter worth $31,806,000. Requisite Energy Fund I LP purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF in the 4th quarter worth $10,008,000. Finally, Genesee Capital Advisors LLC purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF in the 4th quarter worth $8,141,000.

Shares of MTUM traded up $1.24 during trading hours on Monday, hitting $119.84. The company had a trading volume of 1,390,001 shares. The business’s fifty day moving average price is $115.64. iShares Edge MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

The firm also recently announced a … dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were given a dividend of $0.4527 per share. This represents a yield of 1.25%. The ex-dividend date of this dividend was Monday, June 17th.

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

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