iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Get Free Report)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $53.21 and last traded at $52.98, with a volume of 135919 shares traded. The stock had previously closed at $52.01.
iShares MSCI Intl Momentum Factor ETF Trading Up 1.5%
The company has a market capitalization of $3.92 billion, a P/E ratio of 17.95 and a beta of 0.81. The stock has a 50 day moving average price of $50.21 and a 200 day moving average price of $49.11.
Hedge Funds Weigh In On iShares MSCI Intl Momentum Factor ETF
A number of institutional investors and hedge funds have recently bought and sold shares of IMTM. Blue Trust Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth about $27,000. MAI Capital Management increased its holdings in iShares MSCI Intl Momentum Factor ETF by 245.1% in the 3rd quarter. MAI Capital Management now owns 673 shares of the company’s stock worth $32,000 after purchasing an additional 478 shares in the last quarter. Rothschild Investment LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth about $32,000. CWM LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF by 872.9% in the 4th quarter. CWM LLC now owns 827 shares of the company’s stock worth $40,000 after purchasing an additional 742 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth about $40,000.
About iShares MSCI Intl Momentum Factor ETF
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.
Further Reading
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