National Bank of Canada FI grew its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) by 75.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,408 shares of the company’s stock after acquiring an additional 29,508 shares during the period. National Bank of Canada FI owned about 0.13% of iShares MSCI Intl Momentum Factor ETF worth $2,762,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of IMTM. Mercer Global Advisors Inc. ADV grew its stake in iShares MSCI Intl Momentum Factor ETF by 6.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,200,688 shares of the company’s stock valued at $701,169,000 after acquiring an additional 1,151,546 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% in the second quarter. Envestnet Asset Management Inc. now owns 18,153,075 shares of the company’s stock valued at $702,342,000 after purchasing an additional 941,710 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,629,698 shares of the company’s stock worth $752,267,000 after purchasing an additional 740,553 shares in the last quarter. Focus Financial Network Inc. acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth about $4,975,000. Finally, Symmetry Partners LLC purchased a new position in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at about $4,002,000.
iShares MSCI Intl Momentum Factor ETF Trading Down 0.0 %
IMTM stock opened at $39.19 on Friday. The business’s 50-day moving average is $39.26 and its 200 day moving average is $39.16. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $33.33 and a 12-month high of $41.20. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81.
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.
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