Straight Path Wealth Management Raises Stock Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Straight Path Wealth Management grew its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 6.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 272,718 shares of the company’s stock after acquiring an additional 15,492 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for 3.2% of Straight Path Wealth Management’s holdings, making the stock its 8th biggest position. Straight Path Wealth Management’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $13,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Coordinated Financial Services Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF during the third quarter valued at approximately $530,000. Simplicity Wealth LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 95.3% during the third quarter. Simplicity Wealth LLC now owns 37,539 shares of the company’s stock worth $1,797,000 after purchasing an additional 18,316 shares in the last quarter. NorthCrest Asset Manangement LLC grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 7.5% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 68,856 shares of the company’s stock valued at $3,288,000 after buying an additional 4,794 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock valued at $911,869,000 after buying an additional 810,082 shares during the period. Finally, Archvest Wealth Advisors Inc. increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 3.4% in the 3rd quarter. Archvest Wealth Advisors Inc. now owns 177,922 shares of the company’s stock valued at $8,519,000 after buying an additional 5,883 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.4%

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $50.69 on Tuesday. The stock’s fifty day simple moving average is $48.68 and its 200 day simple moving average is $47.52. The company has a market capitalization of $3.77 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $35.35 and a 12 month high of $50.95.

About iShares MSCI Intl Momentum Factor ETF

The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that is based on the MSCI World ex USA Momentum index. The fund tracks an index of large- and mid-cap stocks from developed countries, ex-US. The momentum-selected stocks are weighted by market cap and momentum. IMTM was launched on Jan 13, 2015 and is managed by BlackRock.