NorthCrest Asset Manangement LLC Acquires 25,228 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

NorthCrest Asset Manangement LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 69.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,588 shares of the company’s stock after purchasing an additional 25,228 shares during the quarter. NorthCrest Asset Manangement LLC owned 0.10% of iShares MSCI Intl Momentum Factor ETF worth $2,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of IMTM. Impact Capital Partners LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 20.3% during the 1st quarter. Impact Capital Partners LLC now owns 85,294 shares of the company’s stock valued at $3,407,000 after acquiring an additional 14,378 shares during the period. Benchmark Wealth Management LLC bought a new position in iShares MSCI Intl Momentum Factor ETF during the first quarter valued at approximately $392,000. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 5.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,664,249 shares of the company’s stock worth $735,443,000 after purchasing an additional 1,034,551 shares during the last quarter. Shufro Rose & Co. LLC grew its position in iShares MSCI Intl Momentum Factor ETF by 7.5% in the 4th quarter. Shufro Rose & Co. LLC now owns 76,599 shares of the company’s stock worth $2,865,000 after purchasing an additional 5,365 shares during the period. Finally, Great Valley Advisor Group Inc. raised its stake in iShares MSCI Intl Momentum Factor ETF by 131.7% during the 4th quarter. Great Valley Advisor Group Inc. now owns 88,277 shares of the company’s stock valued at $3,302,000 after buying an additional 50,176 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

NYSEARCA IMTM opened at $44.86 on Friday. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 18.74 and a beta of 0.79. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $34.65 and a 1-year high of $45.58. The business’s fifty day moving average price is $42.67 and its 200-day moving average price is $40.38.

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.