Stephens Consulting LLC Takes $637,000 Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Stephens Consulting LLC bought a new position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 4th quarter, Holdings Channel.com reports. The firm bought 17,035 shares of the company’s stock, valued at approximately $637,000.

Other institutional investors have also added to or reduced their stakes in the company. Columbus Macro LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 26.5% in the 4th quarter. Columbus Macro LLC now owns 69,403 shares of the company’s stock valued at $2,596,000 after purchasing an additional 14,531 shares in the last quarter. RHS Financial LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 10.3% in the fourth quarter. RHS Financial LLC now owns 60,705 shares of the company’s stock worth $2,270,000 after purchasing an additional 5,690 shares during the last quarter. Capital Investment Advisory Services LLC boosted its position in iShares MSCI Intl Momentum Factor ETF by 644.3% during the fourth quarter. Capital Investment Advisory Services LLC now owns 9,415 shares of the company’s stock valued at $352,000 after buying an additional 8,150 shares during the period. Strategic Blueprint LLC grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 12.7% during the fourth quarter. Strategic Blueprint LLC now owns 13,363 shares of the company’s stock valued at $500,000 after buying an additional 1,502 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 0.4% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 280,758 shares of the company’s stock worth $10,500,000 after buying an additional 1,020 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of IMTM stock opened at $38.78 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $34.65 and a fifty-two week high of $41.20. The company has a market capitalization of $2.09 billion, a P/E ratio of 13.86 and a beta of 0.81. The stock has a 50 day moving average price of $38.41 and a two-hundred day moving average price of $38.85.

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.