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iShares Edge MSCI USA Momentum Factor ETF -- Insider Buying Index Registering 10.3%

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A look at the weighted underlying holdings of the iShares Edge MSCI USA Momentum Factor ETF (Symbol: MTUM) shows an impressive 10.3% of holdings on a weighted basis have experienced insider buying within the past six months.

SunTrust Banks Inc (Symbol: STI), which makes up 0.46% of the iShares Edge MSCI USA Momentum Factor ETF (Symbol: MTUM), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $37,412,602 worth of STI, making it the #51 largest holding. The table below details the recent insider buying activity observed at STI:

STI - last trade: $69.38 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
05/04/2018 Steven C. Voorhees Director 6,000 $65.96 $395,760
05/16/2018 Frank P. Scruggs Jr. Director 1,000 $69.01 $69,010

And Huntington Ingalls Industries, Inc. (Symbol: HII), the #119 largest holding among components of the iShares Edge MSCI USA Momentum Factor ETF (Symbol: MTUM), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $9,492,478 worth of HII, which represents approximately 0.12% of the ETF's total assets at last check. The recent insider buying activity observed at HII is detailed in the table below:

HII - last trade: $220.88 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/24/2017 Philip M. Bilden Director 2,200 $234.11 $515,042
02/22/2018 Philip M. Bilden Director 4,000 $265.14 $1,060,548
02/26/2018 Philip M. Bilden Director 1,800 $266.18 $479,126
03/05/2018 Philip M. Bilden Director 1,000 $254.50 $254,500
05/07/2018 Stephen R. Wilson Director 460 $216.46 $99,571
05/07/2018 Stephen R. Wilson Director 460 $216.46 $99,571
05/11/2018 Edgar A. Green III Ex VP, Pres. HII Technical Sol 1,000 $220.98 $220,982

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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