Barclays PLC Purchases 37,347 Shares of MarketWise, Inc. (NASDAQ:MKTW)

Barclays PLC boosted its position in shares of MarketWise, Inc. (NASDAQ:MKTW) by 260.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 51,689 shares of the newsletter publisher’s stock after purchasing an additional 37,347 shares during the quarter. Barclays PLC’s holdings in MarketWise were worth $34,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Williams & Novak LLC raised its holdings in MarketWise by 95.4% during the 3rd quarter. Williams & Novak LLC now owns 152,300 shares of the newsletter publisher’s stock worth $102,000 after purchasing an additional 74,360 shares during the last quarter. Squarepoint Ops LLC raised its holdings in MarketWise by 953.6% during the 2nd quarter. Squarepoint Ops LLC now owns 125,174 shares of the newsletter publisher’s stock worth $145,000 after purchasing an additional 113,293 shares during the last quarter. Renaissance Technologies LLC raised its holdings in MarketWise by 11.9% during the 2nd quarter. Renaissance Technologies LLC now owns 555,400 shares of the newsletter publisher’s stock worth $644,000 after purchasing an additional 59,079 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in MarketWise by 6.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 178,261 shares of the newsletter publisher’s stock worth $207,000 after purchasing an additional 11,085 shares during the last quarter. 23.04% of the stock is owned by institutional investors.

MarketWise Trading Down 2.1 %

MarketWise stock opened at $0.51 on Friday. The firm has a market capitalization of $165.08 million, a P/E ratio of 4.24 and a beta of 0.38. MarketWise, Inc. has a 1 year low of $0.46 and a 1 year high of $2.71. The business has a 50-day moving average of $0.53 and a 200-day moving average of $0.74.

MarketWise Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, November 25th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.04 annualized dividend and a dividend yield of 7.86%. MarketWise’s payout ratio is currently 33.33%.

MarketWise Company Profile

MarketWise, Inc operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters.