Ritholtz Wealth Management bought a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 1,865,577 shares of the company’s stock, valued at approximately $98,185,000. iShares MSCI Intl Momentum Factor ETF makes up approximately 1.4% of Ritholtz Wealth Management’s investment portfolio, making the stock its 16th biggest position. Ritholtz Wealth Management owned approximately 2.28% of iShares MSCI Intl Momentum Factor ETF at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF during the third quarter worth about $29,000. Root Financial Partners LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter worth approximately $29,000. Western Wealth Management LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter valued at approximately $28,000. Compass Financial Management LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at approximately $39,000. Finally, Elevate Wealth Advisory Inc. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at approximately $39,000.
iShares MSCI Intl Momentum Factor ETF Price Performance
Shares of IMTM opened at $50.63 on Thursday. The company has a market capitalization of $4.16 billion, a P/E ratio of 17.95 and a beta of 0.82. iShares MSCI Intl Momentum Factor ETF has a one year low of $45.97 and a one year high of $54.79. The business’s 50 day simple moving average is $52.17 and its 200-day simple moving average is $51.89.
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.
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