Straight Path Wealth Management Has $13.06 Million Stock Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Straight Path Wealth Management raised its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 6.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 272,718 shares of the company’s stock after buying an additional 15,492 shares during the period. iShares MSCI Intl Momentum Factor ETF comprises approximately 3.2% of Straight Path Wealth Management’s holdings, making the stock its 8th largest holding. Straight Path Wealth Management owned about 0.38% of iShares MSCI Intl Momentum Factor ETF worth $13,058,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Coordinated Financial Services Inc. acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at $530,000. Simplicity Wealth LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 95.3% during the 3rd quarter. Simplicity Wealth LLC now owns 37,539 shares of the company’s stock valued at $1,797,000 after purchasing an additional 18,316 shares during the period. NorthCrest Asset Manangement LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 7.5% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 68,856 shares of the company’s stock valued at $3,288,000 after purchasing an additional 4,794 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock valued at $911,869,000 after purchasing an additional 810,082 shares during the last quarter. Finally, Archvest Wealth Advisors Inc. grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 3.4% during the 3rd quarter. Archvest Wealth Advisors Inc. now owns 177,922 shares of the company’s stock worth $8,519,000 after buying an additional 5,883 shares during the period.

iShares MSCI Intl Momentum Factor ETF Price Performance

IMTM opened at $50.69 on Tuesday. The firm has a 50 day simple moving average of $48.68 and a 200 day simple moving average of $47.52. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $35.35 and a fifty-two week high of $50.95. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81.

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.