Hyundai Investments Co. Ltd. purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,509 shares of the company’s stock, valued at approximately $458,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 5.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 21,723,174 shares of the company’s stock valued at $1,040,105,000 after purchasing an additional 1,095,537 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,865,565 shares of the company’s stock valued at $983,941,000 after purchasing an additional 768,834 shares during the last quarter. Ritholtz Wealth Management grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% in the 4th quarter. Ritholtz Wealth Management now owns 1,593,085 shares of the company’s stock valued at $76,420,000 after purchasing an additional 55,900 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 18.1% in the 4th quarter. Morgan Stanley now owns 1,289,410 shares of the company’s stock valued at $61,853,000 after purchasing an additional 197,707 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 29.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,020,555 shares of the company’s stock valued at $48,956,000 after purchasing an additional 231,394 shares during the last quarter.
iShares MSCI Intl Momentum Factor ETF Trading Down 0.2%
Shares of IMTM stock opened at $53.40 on Tuesday. The business’s 50 day moving average is $52.12 and its two-hundred day moving average is $50.47. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $43.64 and a twelve month high of $53.73. The company has a market capitalization of $3.96 billion, a P/E ratio of 17.95 and a beta of 0.81.
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.
Featured Articles
- Five stocks we like better than iShares MSCI Intl Momentum Factor ETF
- This Golden Cross Could Send Urban Outfitters to New Highs
- Insiders Sell Top Tech Plays: Should Investors Buy, Sell, or Hold?
- Can D-Wave Hold Its Own Against 2 Fast-Growing Rivals?
- 3 AI Stocks With Moats That Could Outlast Summer Volatility
Receive News & Ratings for iShares MSCI Intl Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Intl Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
