iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Stake Raised by Fmr LLC

Fmr LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 10.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 486,796 shares of the company’s stock after acquiring an additional 45,438 shares during the period. Fmr LLC owned about 0.90% of iShares MSCI Intl Momentum Factor ETF worth $19,657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IMTM. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 4.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,629,698 shares of the company’s stock valued at $752,267,000 after buying an additional 740,553 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 6.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,200,688 shares of the company’s stock worth $701,169,000 after purchasing an additional 1,151,546 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares MSCI Intl Momentum Factor ETF by 5.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 18,153,075 shares of the company’s stock valued at $702,342,000 after buying an additional 941,710 shares in the last quarter. Ritholtz Wealth Management boosted its stake in iShares MSCI Intl Momentum Factor ETF by 3.2% in the 3rd quarter. Ritholtz Wealth Management now owns 868,032 shares of the company’s stock valued at $35,051,000 after buying an additional 27,150 shares in the last quarter. Finally, Apella Capital LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 3.8% in 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.

iShares MSCI Intl Momentum Factor ETF Stock Down 1.1 %

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $39.23 on Wednesday. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $33.33 and a 12 month high of $41.20. The business has a fifty day simple moving average of $39.29 and a 200 day simple moving average of $39.15. The stock has a market cap of $2.12 billion, a PE ratio of 13.86 and a beta of 0.81.

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.