Cabot Wealth Management Inc. Has $14.23 Million Stock Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Cabot Wealth Management Inc. grew its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 5.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 296,631 shares of the company’s stock after acquiring an additional 16,188 shares during the period. iShares MSCI Intl Momentum Factor ETF makes up 1.6% of Cabot Wealth Management Inc.’s portfolio, making the stock its 21st biggest position. Cabot Wealth Management Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $14,229,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Comerica Bank raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% in the 3rd quarter. Comerica Bank now owns 14,291 shares of the company’s stock valued at $684,000 after buying an additional 208 shares in the last quarter. WealthCare Investment Partners LLC raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% in the 4th quarter. WealthCare Investment Partners LLC now owns 6,270 shares of the company’s stock valued at $305,000 after buying an additional 218 shares in the last quarter. Cerity Partners LLC raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 2.2% in the 2nd quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after buying an additional 265 shares in the last quarter. Sweeney & Michel LLC grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% in the 3rd quarter. Sweeney & Michel LLC now owns 5,261 shares of the company’s stock worth $247,000 after purchasing an additional 275 shares during the last quarter. Finally, Occidental Asset Management LLC grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 0.3% in the 3rd quarter. Occidental Asset Management LLC now owns 92,038 shares of the company’s stock worth $4,407,000 after purchasing an additional 294 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

IMTM opened at $52.96 on Thursday. The firm’s 50-day simple moving average is $50.13 and its 200-day simple moving average is $49.47. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $42.59 and a twelve month high of $53.21. The firm has a market cap of $3.93 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81.

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.