132,640 Shares in iShares MSCI Intl Momentum Factor ETF $IMTM Acquired by Riversedge Advisors LLC

Riversedge Advisors LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 132,640 shares of the company’s stock, valued at approximately $6,981,000. iShares MSCI Intl Momentum Factor ETF accounts for approximately 0.9% of Riversedge Advisors LLC’s holdings, making the stock its 24th biggest holding.

Several other large investors also recently added to or reduced their stakes in the company. Ritholtz Wealth Management lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 8.1% in the first quarter. Ritholtz Wealth Management now owns 1,722,729 shares of the company’s stock valued at $82,725,000 after purchasing an additional 129,644 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 3.4% during the first quarter. Bank of America Corp DE now owns 732,214 shares of the company’s stock valued at $35,161,000 after buying an additional 23,744 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares MSCI Intl Momentum Factor ETF by 11.0% during the second quarter. Envestnet Asset Management Inc. now owns 672,511 shares of the company’s stock valued at $35,865,000 after buying an additional 66,596 shares during the period. Acropolis Investment Management LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth about $33,975,000. Finally, Janney Montgomery Scott LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 4.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 478,848 shares of the company’s stock worth $22,994,000 after acquiring an additional 22,111 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.3%

NYSEARCA IMTM traded up $0.18 during trading on Friday, reaching $52.22. 42,572 shares of the company’s stock were exchanged, compared to its average volume of 513,392. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $45.97 and a fifty-two week high of $54.79. The company’s fifty day simple moving average is $53.36 and its 200-day simple moving average is $52.36. The firm has a market capitalization of $4.24 billion, a PE 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.