Ashton Thomas Private Wealth LLC Makes New $2.99 Million Investment in iShares MSCI Intl Momentum Factor ETF $IMTM

Ashton Thomas Private Wealth LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 62,354 shares of the company’s stock, valued at approximately $2,985,000. Ashton Thomas Private Wealth LLC owned about 0.09% of iShares MSCI Intl Momentum Factor ETF at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada increased its stake in iShares MSCI Intl Momentum Factor ETF by 25.1% in the 1st quarter. Royal Bank of Canada now owns 48,409 shares of the company’s stock worth $1,934,000 after buying an additional 9,717 shares during the period. AQR Capital Management LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the 1st quarter worth about $224,000. Jones Financial Companies Lllp purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth approximately $715,000. QRG Capital Management Inc. bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the second quarter valued at approximately $474,000. Finally, Belpointe Asset Management LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the second quarter valued at approximately $818,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of NYSEARCA IMTM opened at $49.88 on Friday. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $35.35 and a 52-week high of $51.91. The firm has a market capitalization of $3.67 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. The stock has a 50 day moving average price of $49.29 and a 200 day moving average price of $47.83.

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.