Focus Financial Network Inc. Grows Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Focus Financial Network Inc. grew its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 124,484 shares of the company’s stock after buying an additional 1,274 shares during the quarter. Focus Financial Network Inc. owned 0.23% of iShares MSCI Intl Momentum Factor ETF worth $4,656,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Creative Planning raised its position in iShares MSCI Intl Momentum Factor ETF by 9.6% during the third quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after purchasing an additional 669 shares in the last quarter. Bfsg LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at about $26,000. Stratos Wealth Advisors LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 187.3% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 19,540 shares of the company’s stock valued at $789,000 after buying an additional 12,739 shares in the last quarter. Columbus Macro LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 1.7% in the 3rd quarter. Columbus Macro LLC now owns 54,872 shares of the company’s stock worth $2,203,000 after buying an additional 900 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 1.5% in the third quarter. Klaas Financial Asset Advisors LLC now owns 279,738 shares of the company’s stock worth $11,296,000 after buying an additional 4,124 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA IMTM opened at $39.77 on Tuesday. The stock has a market capitalization of $2.15 billion, a P/E ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a one year low of $34.65 and a one year high of $41.20. The firm’s 50 day simple moving average is $38.48 and its two-hundred day simple moving average is $38.88.

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.