Simplicity Wealth LLC Has $1.38 Million Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Simplicity Wealth LLC raised its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 95.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,150 shares of the company’s stock after purchasing an additional 16,665 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $1,379,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mather Group LLC. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at $29,000. Concourse Financial Group Securities Inc. boosted its position in iShares MSCI Intl Momentum Factor ETF by 147.4% during the first quarter. Concourse Financial Group Securities Inc. now owns 1,059 shares of the company’s stock valued at $42,000 after purchasing an additional 631 shares during the last quarter. Glassman Wealth Services acquired a new position in iShares MSCI Intl Momentum Factor ETF in the 1st quarter worth about $64,000. Global Wealth Strategies & Associates purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth about $96,000. Finally, Beaird Harris Wealth Management LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 2nd quarter valued at about $97,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of NYSEARCA IMTM opened at $39.86 on Friday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. The business has a 50 day simple moving average of $39.18 and a 200 day simple moving average of $38.93. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $30.38 and a 52 week high of $41.20.

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.