Mercer Global Advisors Inc. ADV Buys 1,151,546 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Mercer Global Advisors Inc. ADV lifted its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 6.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,200,688 shares of the company’s stock after purchasing an additional 1,151,546 shares during the period. iShares MSCI Intl Momentum Factor ETF comprises approximately 1.8% of Mercer Global Advisors Inc. ADV’s holdings, making the stock its 13th biggest position. Mercer Global Advisors Inc. ADV owned approximately 33.70% of iShares MSCI Intl Momentum Factor ETF worth $701,169,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IMTM. Mather Group LLC. bought a new stake in iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth approximately $29,000. Concourse Financial Group Securities Inc. raised its stake in iShares MSCI Intl Momentum Factor ETF by 147.4% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 1,059 shares of the company’s stock worth $42,000 after acquiring an additional 631 shares during the period. Glassman Wealth Services purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at approximately $64,000. Principal Securities Inc. purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at approximately $57,000. Finally, Global Wealth Strategies & Associates purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at approximately $96,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM opened at $39.24 on Wednesday. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $30.38 and a 1 year high of $40.60. The company has a 50 day simple moving average of $38.89 and a two-hundred day simple moving average of $38.76. The firm has a market cap of $2.12 billion, a P/E 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.