MorganRosel Wealth Management LLC Has $1.96 Million Stock Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

MorganRosel Wealth Management LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,443 shares of the company’s stock after acquiring an additional 3,616 shares during the period. MorganRosel Wealth Management LLC owned about 0.10% of iShares MSCI Intl Momentum Factor ETF worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Stifel Financial Corp lifted its stake in iShares MSCI Intl Momentum Factor ETF by 4.1% in the 3rd quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock valued at $333,000 after purchasing an additional 323 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 4.1% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 8,332 shares of the company’s stock valued at $312,000 after purchasing an additional 328 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in iShares MSCI Intl Momentum Factor ETF by 1.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 25,819 shares of the company’s stock valued at $1,043,000 after purchasing an additional 335 shares during the last quarter. Opes Wealth Management LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 0.4% in the 3rd quarter. Opes Wealth Management LLC now owns 119,512 shares of the company’s stock valued at $4,826,000 after purchasing an additional 451 shares during the last quarter. Finally, Creative Planning lifted its stake in iShares MSCI Intl Momentum Factor ETF by 9.6% in the 3rd quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after purchasing an additional 669 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA:IMTM opened at $39.91 on Tuesday. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. The firm has a 50 day simple moving average of $38.64 and a 200 day simple moving average of $39.09. iShares MSCI Intl Momentum Factor ETF has a one year low of $34.65 and a one year high of $41.20.

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.