Benchmark Wealth Management LLC Raises Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Benchmark Wealth Management LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 48.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 14,514 shares of the company’s stock after purchasing an additional 4,711 shares during the period. Benchmark Wealth Management LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $663,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of IMTM. Smartleaf Asset Management LLC purchased a new position in iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth $36,000. Golden State Wealth Management LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 1st quarter worth $37,000. Farther Finance Advisors LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 959.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock worth $51,000 after acquiring an additional 1,017 shares during the period. Assetmark Inc. lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 66.3% in the 1st quarter. Assetmark Inc. now owns 1,641 shares of the company’s stock worth $66,000 after acquiring an additional 654 shares during the period. Finally, Blue Trust Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 1st quarter worth $90,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

IMTM stock opened at $47.95 on Thursday. iShares MSCI Intl Momentum Factor ETF has a one year low of $35.35 and a one year high of $48.05. The stock has a market capitalization of $3.29 billion, a PE ratio of 17.95 and a beta of 0.78. The company has a fifty day moving average of $46.65 and a 200-day moving average of $44.15.

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.