Hyundai Investments Co. Ltd. Purchases New Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Hyundai Investments Co. Ltd. purchased a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 9,509 shares of the company’s stock, valued at approximately $458,000.

A number of other institutional investors have also recently modified their holdings of IMTM. Royal Bank of Canada boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 25.1% in the first quarter. Royal Bank of Canada now owns 48,409 shares of the company’s stock valued at $1,934,000 after buying an additional 9,717 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter valued at approximately $224,000. Jones Financial Companies Lllp purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter valued at approximately $715,000. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 60.4% in the second quarter. JPMorgan Chase & Co. now owns 85,359 shares of the company’s stock valued at $3,900,000 after buying an additional 32,134 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 2.2% in the second quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after buying an additional 265 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

iShares MSCI Intl Momentum Factor ETF stock opened at $53.40 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $43.64 and a 1-year high of $53.73. The company has a market cap of $3.96 billion, a PE ratio of 17.95 and a beta of 0.81. The stock’s 50 day moving average price is $52.12 and its 200 day moving average price is $50.47.

iShares MSCI Intl Momentum Factor ETF Profile

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.