Envestnet Asset Management Inc. Boosts Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Envestnet Asset Management Inc. raised its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,516,508 shares of the company’s stock after acquiring an additional 1,037,037 shares during the period. Envestnet Asset Management Inc. owned 0.36% of iShares MSCI Intl Momentum Factor ETF worth $729,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of IMTM. IFP Advisors Inc increased its position in iShares MSCI Intl Momentum Factor ETF by 456.9% during the fourth quarter. IFP Advisors Inc now owns 2,534 shares of the company’s stock worth $95,000 after buying an additional 2,079 shares during the period. Signaturefd LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth approximately $102,000. Smithfield Trust Co increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 190.9% in the 4th quarter. Smithfield Trust Co now owns 2,953 shares of the company’s stock valued at $110,000 after acquiring an additional 1,938 shares during the period. Wells Fargo & Company MN raised its position in iShares MSCI Intl Momentum Factor ETF by 4,503.8% in the 4th quarter. Wells Fargo & Company MN now owns 3,637 shares of the company’s stock valued at $136,000 after purchasing an additional 3,558 shares during the last quarter. Finally, Toronto Dominion Bank purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at $142,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $36.78 on Friday. The company has a market capitalization of $2.25 billion, a P/E ratio of 19.24 and a beta of 0.80. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $34.65 and a 1 year high of $41.23. The company’s fifty day moving average is $40.05 and its two-hundred day moving average is $39.31.

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.