Empire Life Investments Inc. Raises Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Empire Life Investments Inc. boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 28.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,900 shares of the company’s stock after acquiring an additional 6,100 shares during the period. Empire Life Investments Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $1,043,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 4.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,629,698 shares of the company’s stock valued at $752,267,000 after acquiring an additional 740,553 shares during the period. Ritholtz Wealth Management lifted its position in iShares MSCI Intl Momentum Factor ETF by 4.5% during the 4th quarter. Ritholtz Wealth Management now owns 907,373 shares of the company’s stock valued at $33,936,000 after acquiring an additional 39,341 shares during the period. Acropolis Investment Management LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 4.2% during the 4th quarter. Acropolis Investment Management LLC now owns 593,044 shares of the company’s stock valued at $22,180,000 after acquiring an additional 23,677 shares during the period. FMR LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 10.3% during the 3rd quarter. FMR LLC now owns 486,796 shares of the company’s stock valued at $19,657,000 after acquiring an additional 45,438 shares during the period. Finally, Armbruster Capital Management Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF by 2.2% during the 4th quarter. Armbruster Capital Management Inc. now owns 424,760 shares of the company’s stock valued at $15,886,000 after acquiring an additional 9,217 shares during the period.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA IMTM opened at $40.47 on Friday. The stock has a market cap of $2.19 billion, a P/E ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $34.65 and a 1 year high of $41.20. The firm has a 50-day moving average of $38.51 and a 200 day moving average of $38.92.

iShares MSCI Intl Momentum Factor ETF 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.