Ritholtz Wealth Management Boosts Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Ritholtz Wealth Management increased its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 4.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,537,185 shares of the company’s stock after buying an additional 68,074 shares during the quarter. iShares MSCI Intl Momentum Factor ETF comprises 1.4% of Ritholtz Wealth Management’s investment portfolio, making the stock its 16th biggest holding. Ritholtz Wealth Management’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $73,600,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in IMTM. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% in the second quarter. Rockefeller Capital Management L.P. now owns 14,597 shares of the company’s stock valued at $667,000 after acquiring an additional 218 shares during the period. Cerity Partners LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 2.2% in the 2nd quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after purchasing an additional 265 shares during the last quarter. AE Wealth Management LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 14.2% in the 2nd quarter. AE Wealth Management LLC now owns 2,223 shares of the company’s stock valued at $102,000 after purchasing an additional 277 shares during the last quarter. Weaver Consulting Group boosted its stake in iShares MSCI Intl Momentum Factor ETF by 6.4% during the 2nd quarter. Weaver Consulting Group now owns 5,810 shares of the company’s stock worth $265,000 after purchasing an additional 350 shares during the period. Finally, MorganRosel Wealth Management LLC grew its position in iShares MSCI Intl Momentum Factor ETF by 0.7% during the 2nd quarter. MorganRosel Wealth Management LLC now owns 55,365 shares of the company’s stock worth $2,530,000 after purchasing an additional 398 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of NYSEARCA:IMTM opened at $50.12 on Friday. iShares MSCI Intl Momentum Factor ETF has a one year low of $35.35 and a one year high of $50.33. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. The company has a 50-day simple moving average of $48.41 and a 200-day simple moving average of $47.25.

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.