MOV ranks #3184 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
186 institutions disclose a position in MOV, but none treat it as a major bet — even VELA Investment Management, LLC, its most concentrated holder, allocates just 0.9% of its own portfolio to it.
BlackRock has added to its MOV position for two straight quarters, increasing it by $28.5M to reach $52.8M today.
Russell Investments Group, Ltd. has trimmed its MOV position for two straight quarters, cutting it by $3.0M while still holding $2.5M.
MOV is down 0.8% today, but institutions show net buying of $108.7M this quarter — a divergence between today's price move and the underlying institutional flow.