Shore Point Advisors LLC increased its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 4.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 353,881 shares of the company’s stock after buying an additional 14,756 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for about 7.1% of Shore Point Advisors LLC’s investment portfolio, making the stock its 5th largest position. Shore Point Advisors LLC owned 0.66% of iShares MSCI Intl Momentum Factor ETF worth $13,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also modified their holdings of the company. Stifel Financial Corp raised its stake in iShares MSCI Intl Momentum Factor ETF by 4.1% during the third quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock worth $333,000 after acquiring an additional 323 shares in the last quarter. HighTower Advisors LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.3% during the 3rd quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock worth $381,000 after purchasing an additional 807 shares in the last quarter. Valued Retirements Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth about $904,000. Apella Capital LLC lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 3.8% during the 3rd quarter. Apella Capital LLC now owns 545,994 shares of the company’s stock valued at $21,796,000 after purchasing an additional 20,192 shares during the last quarter. Finally, Creative Planning boosted its position in iShares MSCI Intl Momentum Factor ETF by 9.6% in the third quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after buying an additional 669 shares in the last quarter.
iShares MSCI Intl Momentum Factor ETF Trading Up 0.2 %
NYSEARCA IMTM opened at $37.80 on Monday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $34.47 and a 1-year high of $41.20. The company has a 50 day moving average of $38.33 and a 200-day moving average of $38.93.
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.
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