iShares MSCI Intl Momentum Factor ETF $IMTM is Straight Path Wealth Management’s 7th Largest Position

Straight Path Wealth Management boosted its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 282,728 shares of the company’s stock after buying an additional 10,010 shares during the period. iShares MSCI Intl Momentum Factor ETF accounts for approximately 3.7% of Straight Path Wealth Management’s portfolio, making the stock its 7th largest position. Straight Path Wealth Management’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $13,562,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mercer Global Advisors Inc. ADV grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 21,723,174 shares of the company’s stock worth $1,040,105,000 after buying an additional 1,095,537 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,865,565 shares of the company’s stock worth $983,941,000 after buying an additional 768,834 shares during the period. Symmetry Partners LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 109.6% in the 4th quarter. Symmetry Partners LLC now owns 883,958 shares of the company’s stock worth $42,404,000 after buying an additional 462,143 shares during the period. AdvisorShares Investments LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth about $16,805,000. Finally, Bank of America Corp DE grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 73.8% in the 3rd quarter. Bank of America Corp DE now owns 629,951 shares of the company’s stock worth $30,162,000 after buying an additional 267,422 shares during the period.

iShares MSCI Intl Momentum Factor ETF Price Performance

NYSEARCA:IMTM opened at $53.62 on Friday. The firm’s 50-day moving average price is $51.46 and its 200-day moving average price is $50.21. The company has a market capitalization of $3.98 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $43.64 and a 1-year high of $53.73.

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.