FMAO ranks #4225 out of 37503 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
118 institutions disclose a position in FMAO, but none treat it as a major bet — even Mendel Money Management, its most concentrated holder, allocates just 1.3% of its own portfolio to it.
BlackRock has added to its FMAO position for two straight quarters, increasing it by $9.8M to reach $33.2M today.
Goelzer Investment Management, Inc. has trimmed its FMAO position for two straight quarters, cutting it by $5.2M while still holding $6.8M.
FMAO is up 0.4% today, and institutions have been net buyers of $24.8M this quarter — today's price move and the underlying institutional flow are pointing the same direction.