Creative Financial Designs Inc. ADV Purchases 23,542 Shares of iShares Edge MSCI USA Momentum Factor ETF (MTUM)

Creative Financial Designs Inc. ADV raised its position in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 91.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,312 shares of the company’s stock after acquiring an additional 23,542 shares during the quarter. iShares Edge MSCI USA Momentum Factor ETF makes up approximately 3.3% of Creative Financial Designs Inc. ADV’s holdings, making the stock its 4th largest position. Creative Financial Designs Inc. ADV’s holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $5,532,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MTUM. Vigilant Capital Management LLC bought a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 4th quarter valued at approximately $28,000. Prime Capital Investment Advisors LLC bought a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 4th quarter valued at approximately $38,000. Pinnacle Bank bought a new stake in iShares Edge MSCI USA Momentum Factor ETF during the 4th quarter valued at approximately $62,000. Riverview Trust Co bought a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $67,000. Finally, Westside Investment Management Inc. bought a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $97,000.

Shares of MTUM traded up $0.89 during mid-day trading on Tuesday, reaching $112.54. The company had a trading volume of 582,390 shares. iShares Edge MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were given a $0.472 dividend. This is a boost from iShares Edge MSCI USA Momentum Factor ETF’s previous quarterly dividend of $0.40. This represents a $1.89 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Wednesday, March 20th.

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

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