Opes Wealth Management LLC Acquires 2,435 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Opes Wealth Management LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 2.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 121,947 shares of the company’s stock after purchasing an additional 2,435 shares during the period. Opes Wealth Management LLC owned 0.23% of iShares MSCI Intl Momentum Factor ETF worth $4,561,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stifel Financial Corp grew its holdings in iShares MSCI Intl Momentum Factor ETF by 4.1% during the third quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock worth $333,000 after purchasing an additional 323 shares during the period. HighTower Advisors LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 9.3% during the third quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock worth $381,000 after purchasing an additional 807 shares during the period. Archvest Wealth Advisors Inc. grew its holdings in iShares MSCI Intl Momentum Factor ETF by 637.1% during the fourth quarter. Archvest Wealth Advisors Inc. now owns 149,291 shares of the company’s stock worth $5,584,000 after purchasing an additional 129,038 shares during the period. Valued Retirements Inc. bought a new position in iShares MSCI Intl Momentum Factor ETF during the third quarter worth about $904,000. Finally, Creative Planning grew its holdings in iShares MSCI Intl Momentum Factor ETF by 9.6% during the third quarter. Creative Planning now owns 7,662 shares of the company’s stock worth $309,000 after purchasing an additional 669 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.3 %

Shares of NYSEARCA:IMTM opened at $40.47 on Friday. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $34.65 and a 12-month high of $41.20. The stock has a market cap of $2.19 billion, a PE ratio of 13.86 and a beta of 0.81. The business has a 50 day moving average of $38.51 and a 200-day moving average of $38.93.

iShares MSCI Intl Momentum Factor ETF 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.