iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Sets New 12-Month High – What’s Next?

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $49.99 and last traded at $50.0150, with a volume of 29727 shares traded. The stock had previously closed at $49.70.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.3%

The firm’s 50 day moving average is $48.31 and its two-hundred day moving average is $47.22. The company has a market cap of $3.70 billion, a P/E ratio of 17.95 and a beta of 0.81.

Institutional Trading of iShares MSCI Intl Momentum Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Comerica Bank lifted its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% during the 3rd quarter. Comerica Bank now owns 14,291 shares of the company’s stock valued at $684,000 after buying an additional 208 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in iShares MSCI Intl Momentum Factor ETF by 1.5% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 14,597 shares of the company’s stock worth $667,000 after buying an additional 218 shares in the last quarter. WealthCare Investment Partners LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% in the 4th quarter. WealthCare Investment Partners LLC now owns 6,270 shares of the company’s stock valued at $305,000 after purchasing an additional 218 shares in the last quarter. Cerity Partners LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 2.2% in the second quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after purchasing an additional 265 shares during the last quarter. Finally, Sweeney & Michel LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% during the third quarter. Sweeney & Michel LLC now owns 5,261 shares of the company’s stock worth $247,000 after purchasing an additional 275 shares during the period.

About iShares MSCI Intl Momentum Factor ETF

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.