Ritholtz Wealth Management grew its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 4.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,537,185 shares of the company’s stock after buying an additional 68,074 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for 1.4% of Ritholtz Wealth Management’s holdings, making the stock its 16th largest holding. Ritholtz Wealth Management owned approximately 2.14% of iShares MSCI Intl Momentum Factor ETF worth $73,600,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Acropolis Investment Management LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.6% in the 3rd quarter. Acropolis Investment Management LLC now owns 629,086 shares of the company’s stock valued at $28,743,000 after purchasing an additional 27,607 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF by 959.4% in the second quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock valued at $51,000 after buying an additional 1,017 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in iShares MSCI Intl Momentum Factor ETF by 25.7% in the third quarter. Commonwealth Equity Services LLC now owns 140,697 shares of the company’s stock valued at $6,737,000 after buying an additional 28,777 shares in the last quarter. Archvest Wealth Advisors Inc. lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 5.8% during the 2nd quarter. Archvest Wealth Advisors Inc. now owns 172,039 shares of the company’s stock worth $7,860,000 after buying an additional 9,407 shares during the last quarter. Finally, Financial Partners Group Inc boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 33.9% during the 3rd quarter. Financial Partners Group Inc now owns 125,402 shares of the company’s stock worth $6,004,000 after acquiring an additional 31,758 shares in the last quarter.
iShares MSCI Intl Momentum Factor ETF Stock Performance
Shares of NYSEARCA IMTM opened at $50.12 on Friday. The stock’s 50-day simple moving average is $48.41 and its 200-day simple moving average is $47.25. The firm has a market capitalization of $3.71 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $35.35 and a fifty-two week high of $50.33.
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.
Further Reading
- Five stocks we like better than iShares MSCI Intl Momentum Factor ETF
- Buy Alert: $8 AI Stock
- 53% Gains In 4 Years. Then 51% In Under 11 Months.
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
Want to see what other hedge funds are holding IMTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report).
Receive News & Ratings for iShares MSCI Intl Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Intl Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
