Weaver Consulting Group Takes Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Weaver Consulting Group purchased a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,625 shares of the company’s stock, valued at approximately $221,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 7.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 14,264,864 shares of the company’s stock valued at $449,058,000 after buying an additional 968,982 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 5.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,153,804 shares of the company’s stock valued at $672,944,000 after acquiring an additional 904,607 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,604,950 shares of the company’s stock worth $500,804,000 after acquiring an additional 642,064 shares during the last quarter. Adroit Compliance LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter worth about $18,523,000. Finally, Janney Montgomery Scott LLC purchased a new position in iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at about $14,779,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.2 %

NYSEARCA IMTM traded up $0.06 during mid-day trading on Friday, reaching $38.69. 853,052 shares of the company’s stock traded hands, compared to its average volume of 247,767. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $30.38 and a 1-year high of $39.92. The company has a fifty day simple moving average of $38.72 and a 200-day simple moving average of $37.19. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81.

iShares MSCI Intl Momentum Factor ETF Company 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.