Alesco Advisors LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,325 shares of the company’s stock, valued at approximately $217,000.
Other institutional investors have also added to or reduced their stakes in the company. Howe & Rusling Inc. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at $35,000. Castleview Partners LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at about $152,000. Segment Wealth Management LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF during the 4th quarter worth approximately $217,000. M&T Bank Corp raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 13.8% in the third quarter. M&T Bank Corp now owns 7,564 shares of the company’s stock worth $238,000 after purchasing an additional 916 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 54.1% in the third quarter. O Shaughnessy Asset Management LLC now owns 8,228 shares of the company’s stock valued at $259,000 after purchasing an additional 2,890 shares in the last quarter.
iShares MSCI Intl Momentum Factor ETF Trading Up 0.7 %
Shares of NYSEARCA:IMTM traded up $0.28 during mid-day trading on Friday, hitting $37.89. 143,475 shares of the company traded hands, compared to its average volume of 216,502. The stock has a 50-day moving average price of $38.14 and a two-hundred day moving average price of $35.15. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $30.38 and a 12-month high of $39.36. The stock has a market cap of $2.01 billion, a P/E ratio of 13.41 and a beta of 0.79.
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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