iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Position Increased by Financial Freedom LLC

Financial Freedom LLC increased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 28.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 121,544 shares of the company’s stock after purchasing an additional 27,165 shares during the period. iShares MSCI Intl Momentum Factor ETF comprises about 2.4% of Financial Freedom LLC’s investment portfolio, making the stock its 13th biggest holding. Financial Freedom LLC owned 0.23% of iShares MSCI Intl Momentum Factor ETF worth $4,546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% during the 3rd quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock valued at $333,000 after purchasing an additional 323 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 1.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 25,819 shares of the company’s stock valued at $1,043,000 after purchasing an additional 335 shares in the last quarter. Opes Wealth Management LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 0.4% during the 3rd quarter. Opes Wealth Management LLC now owns 119,512 shares of the company’s stock valued at $4,826,000 after purchasing an additional 451 shares in the last quarter. Bfsg LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at $26,000. Finally, Creative Planning raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% during the 3rd quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after purchasing an additional 669 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM opened at $37.80 on Monday. The company has a market capitalization of $2.04 billion, a PE ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a one year low of $34.47 and a one year high of $41.20. The company’s fifty day moving average price is $38.33 and its 200 day moving average price is $38.93.

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.