Focus Financial Network Inc. Has $4.91 Million Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Focus Financial Network Inc. decreased its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,802 shares of the company’s stock after selling 1,682 shares during the quarter. Focus Financial Network Inc. owned about 0.20% of iShares MSCI Intl Momentum Factor ETF worth $4,905,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Impact Capital Partners LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 20.3% during the 1st quarter. Impact Capital Partners LLC now owns 85,294 shares of the company’s stock worth $3,407,000 after acquiring an additional 14,378 shares during the last quarter. Benchmark Wealth Management LLC bought a new position in iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth approximately $392,000. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 5.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,664,249 shares of the company’s stock worth $735,443,000 after acquiring an additional 1,034,551 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 49.4% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 36,360 shares of the company’s stock worth $1,360,000 after acquiring an additional 12,021 shares during the last quarter. Finally, Shufro Rose & Co. LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 7.5% during the 4th quarter. Shufro Rose & Co. LLC now owns 76,599 shares of the company’s stock worth $2,865,000 after acquiring an additional 5,365 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of IMTM opened at $44.83 on Wednesday. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.65 and a twelve month high of $45.58. The firm’s 50 day moving average price is $42.15 and its two-hundred day moving average price is $40.26. The firm has a market cap of $2.91 billion, a P/E ratio of 20.01 and a beta of 0.80.

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.