Alexis Investment Partners LLC raised its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 18.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 195,036 shares of the company’s stock after buying an additional 30,567 shares during the quarter. iShares MSCI Intl Momentum Factor ETF makes up about 6.2% of Alexis Investment Partners LLC’s holdings, making the stock its largest holding. Alexis Investment Partners LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $9,022,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Acropolis Investment Management LLC boosted its position in iShares MSCI Intl Momentum Factor ETF by 1.9% in the fourth quarter. Acropolis Investment Management LLC now owns 641,150 shares of the company’s stock worth $30,756,000 after purchasing an additional 12,064 shares during the last quarter. Capital Investment Advisory Services LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 26.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 53,517 shares of the company’s stock valued at $2,567,000 after purchasing an additional 11,176 shares during the last quarter. Ritholtz Wealth Management increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% during the 4th quarter. Ritholtz Wealth Management now owns 1,593,085 shares of the company’s stock valued at $76,420,000 after purchasing an additional 55,900 shares during the last quarter. NorthCrest Asset Manangement LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 16.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 80,421 shares of the company’s stock valued at $3,983,000 after purchasing an additional 11,565 shares during the last quarter. Finally, Rollins Financial Advisors LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 157.2% in the 4th quarter. Rollins Financial Advisors LLC now owns 16,388 shares of the company’s stock worth $786,000 after purchasing an additional 10,017 shares during the period.
iShares MSCI Intl Momentum Factor ETF Trading Up 1.0%
IMTM opened at $53.33 on Wednesday. The company’s 50 day moving average is $52.55 and its 200 day moving average is $50.84. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $44.32 and a 12-month high of $54.39.
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.
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