Columbus Macro LLC Increases Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Columbus Macro LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.7% in the third quarter, HoldingsChannel.com reports. The firm owned 54,872 shares of the company’s stock after buying an additional 900 shares during the quarter. Columbus Macro LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $2,203,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Stratos Wealth Advisors LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 187.3% during the third quarter. Stratos Wealth Advisors LLC now owns 19,540 shares of the company’s stock worth $789,000 after acquiring an additional 12,739 shares during the period. Bfsg LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth about $26,000. Creative Planning raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% during the 3rd quarter. Creative Planning now owns 7,662 shares of the company’s stock worth $309,000 after purchasing an additional 669 shares during the last quarter. Professional Financial Advisors LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 2.7% in the 3rd quarter. Professional Financial Advisors LLC now owns 27,175 shares of the company’s stock valued at $1,097,000 after buying an additional 713 shares in the last quarter. Finally, MorganRosel Wealth Management LLC boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 2.4% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 48,827 shares of the company’s stock worth $1,972,000 after buying an additional 1,154 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.7 %

NYSEARCA:IMTM traded up $0.30 during trading hours on Friday, hitting $40.39. 423,802 shares of the stock were exchanged, compared to its average volume of 261,911. The firm’s fifty day moving average price is $39.56 and its 200 day moving average price is $38.97. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $30.38 and a 52-week high of $41.20. The company has a market cap of $2.18 billion, a P/E ratio of 13.86 and a beta of 0.81.

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.