Ashton Thomas Private Wealth LLC Acquires New Shares in iShares MSCI Intl Momentum Factor ETF $IMTM

Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the third quarter, HoldingsChannel reports. The fund acquired 62,354 shares of the company’s stock, valued at approximately $2,985,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock valued at $911,869,000 after purchasing an additional 810,082 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares MSCI Intl Momentum Factor ETF by 4.9% during the second quarter. Envestnet Asset Management Inc. now owns 18,821,987 shares of the company’s stock valued at $859,977,000 after buying an additional 876,618 shares during the period. Ritholtz Wealth Management increased its holdings in iShares MSCI Intl Momentum Factor ETF by 4.6% during the third quarter. Ritholtz Wealth Management now owns 1,537,185 shares of the company’s stock valued at $73,600,000 after buying an additional 68,074 shares during the period. Acropolis Investment Management LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF by 4.6% during the third quarter. Acropolis Investment Management LLC now owns 629,086 shares of the company’s stock valued at $28,743,000 after buying an additional 27,607 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI Intl Momentum Factor ETF by 2.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 621,816 shares of the company’s stock worth $28,411,000 after buying an additional 16,881 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 2.0%

iShares MSCI Intl Momentum Factor ETF stock opened at $49.88 on Friday. The firm has a market cap of $3.67 billion, a P/E ratio of 17.95 and a beta of 0.81. The business has a fifty day moving average of $49.29 and a two-hundred day moving average of $47.83. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $35.35 and a twelve month high of $51.91.

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.