Acropolis Investment Management LLC Increases Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Acropolis Investment Management LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 629,086 shares of the company’s stock after buying an additional 27,607 shares during the period. iShares MSCI Intl Momentum Factor ETF makes up approximately 1.4% of Acropolis Investment Management LLC’s holdings, making the stock its 14th largest position. Acropolis Investment Management LLC owned approximately 0.89% of iShares MSCI Intl Momentum Factor ETF worth $28,743,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in IMTM. CENTRAL TRUST Co purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 2nd quarter valued at approximately $25,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter valued at approximately $36,000. Allworth Financial LP raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 121.8% during the second quarter. Allworth Financial LP now owns 865 shares of the company’s stock worth $40,000 after purchasing an additional 475 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 959.4% during the second quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock worth $51,000 after purchasing an additional 1,017 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the second quarter worth $60,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

NYSEARCA:IMTM opened at $46.96 on Thursday. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. The firm’s fifty day moving average price is $47.86 and its 200 day moving average price is $46.69. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $35.35 and a 1-year high of $49.63.

iShares MSCI Intl Momentum Factor ETF Company 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.