NorthCrest Asset Manangement LLC lifted its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 16.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,421 shares of the company’s stock after purchasing an additional 11,565 shares during the period. NorthCrest Asset Manangement LLC owned about 0.11% of iShares MSCI Intl Momentum Factor ETF worth $3,983,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV raised its stake in iShares MSCI Intl Momentum Factor ETF by 5.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 21,723,174 shares of the company’s stock valued at $1,040,105,000 after buying an additional 1,095,537 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock worth $911,869,000 after acquiring an additional 810,082 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.6% during the 3rd quarter. Ritholtz Wealth Management now owns 1,537,185 shares of the company’s stock worth $73,600,000 after acquiring an additional 68,074 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 45.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 840,894 shares of the company’s stock valued at $40,256,000 after acquiring an additional 263,146 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 26.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 789,161 shares of the company’s stock valued at $37,785,000 after acquiring an additional 167,345 shares during the last quarter.
iShares MSCI Intl Momentum Factor ETF Stock Performance
Shares of NYSEARCA IMTM opened at $46.31 on Monday. The stock’s 50-day simple moving average is $50.63 and its 200-day simple moving average is $48.85. The firm has a market capitalization of $3.40 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $35.35 and a fifty-two week high of $53.17.
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.
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