25,706 Shares in iShares MSCI Intl Momentum Factor ETF $IMTM Acquired by Cowa LLC

Cowa LLC bought a new position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the third quarter, HoldingsChannel.com reports. The fund bought 25,706 shares of the company’s stock, valued at approximately $1,353,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. DecisionPoint Financial LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth about $29,000. Root Financial Partners LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at approximately $29,000. Western Wealth Management LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during 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 during the third quarter valued at approximately $39,000. Finally, Elevate Wealth Advisory Inc. bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth approximately $39,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 1.4%

Shares of IMTM opened at $51.24 on Thursday. The firm has a fifty day moving average price of $52.54 and a 200-day moving average price of $51.90. The firm has a market capitalization of $4.20 billion, a P/E ratio of 17.95 and a beta of 0.82. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $45.97 and a 12-month high of $54.79.

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.