Straight Path Wealth Management boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 313,706 shares of the company’s stock after purchasing an additional 14,967 shares during the quarter. iShares MSCI Intl Momentum Factor ETF comprises 3.7% of Straight Path Wealth Management’s portfolio, making the stock its 7th biggest holding. Straight Path Wealth Management’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $16,510,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in IMTM. Western Wealth Management LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the 1st quarter worth approximately $28,000. Root Financial Partners LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at approximately $29,000. Turtle Creek Wealth Advisors LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at approximately $31,000. Parkside Financial Bank & Trust raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 194.3% during the second quarter. Parkside Financial Bank & Trust now owns 1,192 shares of the company’s stock valued at $64,000 after buying an additional 787 shares during the last quarter. Finally, Compass Ion Advisors LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at approximately $205,000.
iShares MSCI Intl Momentum Factor ETF Price Performance
iShares MSCI Intl Momentum Factor ETF stock opened at $50.68 on Monday. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $45.97 and a 1 year high of $54.79. The firm’s 50 day moving average price is $52.98 and its 200-day moving average price is $52.65. The stock has a market cap of $4.12 billion, a P/E ratio of 17.95 and a beta of 0.81.
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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