NewEdge Advisors LLC Has $4.87 Million Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

NewEdge Advisors LLC lifted its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 828.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 101,509 shares of the company’s stock after acquiring an additional 90,576 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $4,874,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 25.1% in the 1st quarter. Royal Bank of Canada now owns 48,409 shares of the company’s stock valued at $1,934,000 after acquiring an additional 9,717 shares during the period. AQR Capital Management LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at about $224,000. Jones Financial Companies Lllp bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at about $715,000. JPMorgan Chase & Co. lifted its stake in iShares MSCI Intl Momentum Factor ETF by 60.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 85,359 shares of the company’s stock valued at $3,900,000 after purchasing an additional 32,134 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in 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 purchasing an additional 265 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

iShares MSCI Intl Momentum Factor ETF stock opened at $53.64 on Wednesday. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $45.61 and a 52 week high of $54.39. The stock has a market capitalization of $4.28 billion, a P/E ratio of 17.95 and a beta of 0.81. The stock has a 50-day simple moving average of $52.61 and a 200 day simple moving average of $51.57.

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.