Ritholtz Wealth Management boosted its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 8.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,722,729 shares of the company’s stock after acquiring an additional 129,644 shares during the period. iShares MSCI Intl Momentum Factor ETF accounts for about 1.4% of Ritholtz Wealth Management’s holdings, making the stock its 14th biggest position. Ritholtz Wealth Management owned 2.32% of iShares MSCI Intl Momentum Factor ETF worth $82,725,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of IMTM. Dopkins Wealth Management LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 1.2% in the 1st quarter. Dopkins Wealth Management LLC now owns 49,224 shares of the company’s stock worth $2,364,000 after purchasing an additional 563 shares in the last quarter. Sweeney & Michel LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.2% during the 1st quarter. Sweeney & Michel LLC now owns 8,796 shares of the company’s stock valued at $457,000 after purchasing an additional 744 shares in the last quarter. Sankala Group LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at $82,000. Astoria Portfolio Advisors LLC. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter worth $215,000. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,855,822 shares of the company’s stock worth $1,096,396,000 after purchasing an additional 1,132,648 shares during the period.
iShares MSCI Intl Momentum Factor ETF Stock Performance
Shares of IMTM stock opened at $52.25 on Thursday. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $44.32 and a 52-week high of $54.39. The company has a market capitalization of $3.88 billion, a PE ratio of 17.95 and a beta of 0.81. The business’s fifty day moving average is $52.52 and its 200 day moving average is $50.72.
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.
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