iShares MSCI Intl Momentum Factor ETF $IMTM Stock Holdings Boosted by Royal Bank of Canada

Royal Bank of Canada increased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 222.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 331,656 shares of the company’s stock after acquiring an additional 228,914 shares during the period. Royal Bank of Canada owned approximately 0.45% of iShares MSCI Intl Momentum Factor ETF worth $15,927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at approximately $27,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth approximately $31,000. Rothschild Investment LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth approximately $32,000. CWM LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 872.9% in the 4th quarter. CWM LLC now owns 827 shares of the company’s stock worth $40,000 after buying an additional 742 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth approximately $40,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

IMTM opened at $53.07 on Friday. The stock’s 50 day moving average price is $52.58 and its 200 day moving average price is $51.49. The stock has a market cap of $4.23 billion, a P/E ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $45.61 and a 12 month high of $54.39.

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.