IFP Advisors Inc Grows Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

IFP Advisors Inc boosted its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 456.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,534 shares of the company’s stock after acquiring an additional 2,079 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $95,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Stifel Financial Corp raised its position in iShares MSCI Intl Momentum Factor ETF by 4.1% in the third quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock worth $333,000 after acquiring an additional 323 shares in the last quarter. HighTower Advisors LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 9.3% in the third quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock worth $381,000 after acquiring an additional 807 shares in the last quarter. Archvest Wealth Advisors Inc. raised its position in iShares MSCI Intl Momentum Factor ETF by 637.1% in the fourth quarter. Archvest Wealth Advisors Inc. now owns 149,291 shares of the company’s stock worth $5,584,000 after acquiring an additional 129,038 shares in the last quarter. Valued Retirements Inc. purchased a new position in iShares MSCI Intl Momentum Factor ETF in the third quarter worth $904,000. Finally, Creative Planning raised its position in iShares MSCI Intl Momentum Factor ETF by 9.6% in the third quarter. Creative Planning now owns 7,662 shares of the company’s stock worth $309,000 after acquiring an additional 669 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 2.4 %

Shares of IMTM stock opened at $41.08 on Thursday. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $34.65 and a fifty-two week high of $41.20. The stock has a market cap of $2.45 billion, a P/E ratio of 20.52 and a beta of 0.80. The business has a fifty day simple moving average of $38.93 and a 200-day simple moving average of $39.17.

About iShares MSCI Intl Momentum Factor ETF

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.