Noble Family Wealth LLC Invests $235,000 in iShares MSCI Intl Momentum Factor ETF $IMTM

Noble Family Wealth LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,133 shares of the company’s stock, valued at approximately $235,000.

Other hedge funds also recently made changes to their positions in the company. Impact Capital Partners LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 20.3% during the first quarter. Impact Capital Partners LLC now owns 85,294 shares of the company’s stock worth $3,407,000 after purchasing an additional 14,378 shares during the period. NorthCrest Asset Manangement LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 69.4% during the first quarter. NorthCrest Asset Manangement LLC now owns 61,588 shares of the company’s stock worth $2,460,000 after purchasing an additional 25,228 shares during the period. Armbruster Capital Management Inc. grew its stake in iShares MSCI Intl Momentum Factor ETF by 2.5% during the first quarter. Armbruster Capital Management Inc. now owns 435,527 shares of the company’s stock worth $17,395,000 after purchasing an additional 10,767 shares during the period. Ritholtz Wealth Management grew its stake in iShares MSCI Intl Momentum Factor ETF by 32.1% during the first quarter. Ritholtz Wealth Management now owns 1,199,058 shares of the company’s stock worth $47,890,000 after purchasing an additional 291,685 shares during the period. Finally, RHS Financial LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 7.1% during the first quarter. RHS Financial LLC now owns 64,997 shares of the company’s stock worth $2,596,000 after purchasing an additional 4,292 shares during the period.

iShares MSCI Intl Momentum Factor ETF Price Performance

NYSEARCA IMTM opened at $48.16 on Friday. The business has a 50 day simple moving average of $46.75 and a 200 day simple moving average of $44.27. iShares MSCI Intl Momentum Factor ETF has a one year low of $35.35 and a one year high of $48.22. The stock has a market capitalization of $3.40 billion, a P/E ratio of 17.95 and a beta of 0.78.

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.