iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) is Wealth Enhancement Advisory Services LLC’s 7th Largest Position

Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 0.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,631,245 shares of the company’s stock after buying an additional 1,547 shares during the period. iShares MSCI Intl Momentum Factor ETF accounts for about 1.6% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 7th biggest position. Wealth Enhancement Advisory Services LLC owned about 34.50% of iShares MSCI Intl Momentum Factor ETF worth $752,330,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bfsg LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth approximately $26,000. American Capital Advisory LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 3,367.9% during the third quarter. American Capital Advisory LLC now owns 971 shares of the company’s stock worth $39,000 after buying an additional 943 shares during the period. Assetmark Inc. purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at $41,000. Beaird Harris Wealth Management LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 2nd quarter worth about $97,000. Finally, Toronto Dominion Bank purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth about $142,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

IMTM stock traded down $0.71 during midday trading on Friday, reaching $37.18. The company’s stock had a trading volume of 66,563 shares, compared to its average volume of 212,325. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $34.11 and a 1 year high of $41.20. The stock has a fifty day simple moving average of $38.52 and a two-hundred day simple moving average of $38.99.

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.