Shore Point Advisors LLC Increases Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Shore Point Advisors LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 27.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 454,732 shares of the company’s stock after purchasing an additional 98,698 shares during the quarter. iShares MSCI Intl Momentum Factor ETF makes up about 7.6% of Shore Point Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Shore Point Advisors LLC owned 0.61% of iShares MSCI Intl Momentum Factor ETF worth $21,813,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at about $2,985,000. Acropolis Investment Management LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.6% during 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 during the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 25.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 140,697 shares of the company’s stock valued at $6,737,000 after purchasing an additional 28,777 shares during the last quarter. Financial Partners Group Inc increased 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 valued at $6,004,000 after purchasing an additional 31,758 shares during the last quarter. Finally, Compound Planning Inc. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at about $495,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM stock opened at $51.98 on Tuesday. The stock has a market capitalization of $3.86 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $39.12 and a 1-year high of $53.17. The business has a 50-day moving average of $50.11 and a 200 day moving average of $49.03.

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.