Sweeney & Michel LLC Acquires New Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Sweeney & Michel LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,986 shares of the company’s stock, valued at approximately $224,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Park Avenue Securities LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the 2nd quarter valued at approximately $1,319,000. Farther Finance Advisors LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 959.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock valued at $51,000 after purchasing an additional 1,017 shares during the last quarter. Klaas Financial Asset Advisors LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 0.4% in the 2nd quarter. Klaas Financial Asset Advisors LLC now owns 284,903 shares of the company’s stock valued at $13,017,000 after purchasing an additional 1,255 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 4.0% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 64,062 shares of the company’s stock valued at $2,903,000 after purchasing an additional 2,474 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI Intl Momentum Factor ETF by 3.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 18,286,649 shares of the company’s stock valued at $828,751,000 after acquiring an additional 660,650 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of NYSEARCA IMTM opened at $47.55 on Monday. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $35.35 and a 52-week high of $48.04. The firm has a 50 day moving average price of $46.27 and a two-hundred day moving average price of $43.79. The stock has a market cap of $3.26 billion, a P/E ratio of 17.95 and a beta of 0.78.

iShares MSCI Intl Momentum Factor ETF Company 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.