117,839 Shares in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Purchased by Veridan Wealth LLC

Veridan Wealth LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 117,839 shares of the company’s stock, valued at approximately $4,570,000. iShares MSCI Intl Momentum Factor ETF accounts for about 2.2% of Veridan Wealth LLC’s portfolio, making the stock its 10th largest holding. Veridan Wealth LLC owned 0.22% of iShares MSCI Intl Momentum Factor ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Ritholtz Wealth Management boosted its position in iShares MSCI Intl Momentum Factor ETF by 4.5% during the 4th quarter. Ritholtz Wealth Management now owns 907,373 shares of the company’s stock valued at $33,936,000 after purchasing an additional 39,341 shares during the period. Acropolis Investment Management LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 4.2% in the fourth quarter. Acropolis Investment Management LLC now owns 593,044 shares of the company’s stock valued at $22,180,000 after buying an additional 23,677 shares during the last quarter. FMR LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 10.3% during the third quarter. FMR LLC now owns 486,796 shares of the company’s stock valued at $19,657,000 after acquiring an additional 45,438 shares during the period. Armbruster Capital Management Inc. grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.2% during the fourth quarter. Armbruster Capital Management Inc. now owns 424,760 shares of the company’s stock worth $15,886,000 after acquiring an additional 9,217 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% in the 4th quarter. Kathmere Capital Management LLC now owns 397,824 shares of the company’s stock worth $14,879,000 after acquiring an additional 15,771 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Down 1.2 %

Shares of NYSEARCA:IMTM opened at $39.74 on Friday. The company’s 50-day moving average price is $38.78 and its 200 day moving average price is $39.12. The company has a market cap of $2.15 billion, a PE ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $34.65 and a fifty-two week high of $41.20.

iShares MSCI Intl Momentum Factor ETF 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.