Bell Investment Advisors Inc Has $302,000 Stock Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Bell Investment Advisors Inc lifted its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,065 shares of the company’s stock after acquiring an additional 413 shares during the period. Bell Investment Advisors Inc’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IMTM. Assetmark Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth approximately $41,000. IFP Advisors Inc grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 456.9% during the 4th quarter. IFP Advisors Inc now owns 2,534 shares of the company’s stock worth $95,000 after purchasing an additional 2,079 shares in the last quarter. Smithfield Trust Co grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 190.9% during the 4th quarter. Smithfield Trust Co now owns 2,953 shares of the company’s stock worth $110,000 after purchasing an additional 1,938 shares in the last quarter. Toronto Dominion Bank acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth approximately $142,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth approximately $153,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.9 %

NYSEARCA IMTM opened at $40.80 on Monday. The stock’s 50 day moving average is $39.11 and its two-hundred day moving average is $39.20. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 20.52 and a beta of 0.80. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $34.65 and a 1-year 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.