Assetmark Inc. Makes New Investment in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Assetmark Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,007 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fifth Third Securities Inc. purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 2nd quarter valued at approximately $348,000. Apella Capital LLC lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 3.8% in the third quarter. Apella Capital LLC now owns 545,994 shares of the company’s stock valued at $21,796,000 after acquiring an additional 20,192 shares during the period. Creative Planning boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% during the 3rd quarter. Creative Planning now owns 7,662 shares of the company’s stock worth $309,000 after purchasing an additional 669 shares in the last quarter. Vantage Financial Partners LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 2nd quarter worth $477,000. Finally, Financial Partners Group Inc increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 82.0% in the 2nd quarter. Financial Partners Group Inc now owns 23,469 shares of the company’s stock valued at $908,000 after purchasing an additional 10,576 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.2 %

IMTM stock opened at $38.38 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $33.26 and a 52 week high of $41.20. The company has a market cap of $2.07 billion, a P/E ratio of 13.86 and a beta of 0.81. The company’s 50-day moving average price is $39.49 and its 200 day moving average price is $39.13.

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.