13,407 Shares in iShares MSCI Intl Momentum Factor ETF $IMTM Bought by Finward Bancorp

Finward Bancorp acquired a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,407 shares of the company’s stock, valued at approximately $706,000.

Other hedge funds also recently made changes to their positions in the company. Ritholtz Wealth Management raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 8.1% during the first quarter. Ritholtz Wealth Management now owns 1,722,729 shares of the company’s stock valued at $82,725,000 after purchasing an additional 129,644 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.4% in the first quarter. Bank of America Corp DE now owns 732,214 shares of the company’s stock valued at $35,161,000 after purchasing an additional 23,744 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 11.0% in the second quarter. Envestnet Asset Management Inc. now owns 672,511 shares of the company’s stock valued at $35,865,000 after purchasing an additional 66,596 shares during the period. Acropolis Investment Management LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at $33,975,000. Finally, Shore Point Advisors LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at $26,025,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

iShares MSCI Intl Momentum Factor ETF stock traded down $0.59 during midday trading on Wednesday, hitting $51.68. 365,765 shares of the stock were exchanged, compared to its average volume of 512,547. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $45.97 and a 1 year high of $54.79. The firm has a market cap of $4.20 billion, a P/E ratio of 17.95 and a beta of 0.81. The company has a 50 day moving average price of $53.35 and a two-hundred day moving average price of $52.46.

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.