AdvisorShares Investments LLC Buys Shares of 350,320 iShares MSCI Intl Momentum Factor ETF $IMTM

AdvisorShares Investments LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the fourth quarter, Holdings Channel.com reports. The fund bought 350,320 shares of the company’s stock, valued at approximately $16,805,000. iShares MSCI Intl Momentum Factor ETF comprises 2.8% of AdvisorShares Investments LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds have also recently made changes to their positions in the company. Comerica Bank grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% during the 3rd quarter. Comerica Bank now owns 14,291 shares of the company’s stock valued at $684,000 after purchasing an additional 208 shares in the last quarter. WealthCare Investment Partners LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% during the 4th quarter. WealthCare Investment Partners LLC now owns 6,270 shares of the company’s stock valued at $305,000 after purchasing an additional 218 shares in the last quarter. Cerity Partners LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.2% during the 2nd quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after purchasing an additional 265 shares in the last quarter. Sweeney & Michel LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% during the 3rd quarter. Sweeney & Michel LLC now owns 5,261 shares of the company’s stock valued at $247,000 after purchasing an additional 275 shares in the last quarter. Finally, US Bancorp DE grew its position in iShares MSCI Intl Momentum Factor ETF by 19.1% in the third quarter. US Bancorp DE now owns 2,198 shares of the company’s stock worth $105,000 after acquiring an additional 352 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.2%

iShares MSCI Intl Momentum Factor ETF stock opened at $52.86 on Friday. The company has a market capitalization of $3.92 billion, a PE ratio of 17.95 and a beta of 0.81. The firm has a fifty day simple moving average of $50.98 and a two-hundred day simple moving average of $50.06. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $43.64 and a twelve month high of $53.60.

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.