Smithfield Trust Co Boosts Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Smithfield Trust Co raised its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 190.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,953 shares of the company’s stock after acquiring an additional 1,938 shares during the quarter. Smithfield Trust Co’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $110,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. American Capital Advisory LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 3,367.9% during the 3rd quarter. American Capital Advisory LLC now owns 971 shares of the company’s stock valued at $39,000 after buying an additional 943 shares during the last quarter. Assetmark Inc. bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth approximately $41,000. IFP Advisors Inc lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 456.9% in the 4th quarter. IFP Advisors Inc now owns 2,534 shares of the company’s stock worth $95,000 after purchasing an additional 2,079 shares during the last quarter. Toronto Dominion Bank bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth approximately $142,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth approximately $153,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 2.4 %

Shares of NYSEARCA IMTM opened at $41.08 on Thursday. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 20.52 and a beta of 0.80. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $34.65 and a 12-month high of $41.20. The stock’s 50 day simple moving average is $38.93 and its 200 day simple moving average is $39.17.

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.