Valued Retirements Inc. Buys New Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Valued Retirements Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 22,384 shares of the company’s stock, valued at approximately $904,000. iShares MSCI Intl Momentum Factor ETF makes up about 1.2% of Valued Retirements Inc.’s investment portfolio, making the stock its 19th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of IMTM. Comerica Bank lifted its position in iShares MSCI Intl Momentum Factor ETF by 45.5% in the first quarter. Comerica Bank now owns 11,167 shares of the company’s stock worth $438,000 after buying an additional 3,492 shares during the last quarter. Fifth Third Securities Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF in the second quarter worth $348,000. NorthCrest Asset Manangement LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 36.6% in the second quarter. NorthCrest Asset Manangement LLC now owns 20,308 shares of the company’s stock worth $786,000 after buying an additional 5,437 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF by 4.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,024 shares of the company’s stock worth $465,000 after buying an additional 505 shares during the last quarter. Finally, Seed Wealth Management Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF by 33.8% in the second quarter. Seed Wealth Management Inc. now owns 9,900 shares of the company’s stock worth $383,000 after buying an additional 2,500 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.6 %

Shares of IMTM opened at $39.67 on Tuesday. The company has a market cap of $2.14 billion, a PE ratio of 13.86 and a beta of 0.81. The business has a fifty day moving average of $39.30 and a 200 day moving average of $39.15. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $33.33 and a 52-week high of $41.20.

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.