202,437 Shares in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Bought by Raymond James & Associates

Raymond James & Associates acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Get Rating) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 202,437 shares of the company’s stock, valued at approximately $6,241,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IMTM. Concourse Financial Group Securities Inc. purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter valued at approximately $27,000. Almanack Investment Partners LLC. purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at $33,000. Girard Partners LTD. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter worth about $215,000. CAPROCK Group Inc. purchased a new position in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth about $225,000. Finally, Seed Wealth Management Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at about $228,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM stock opened at $33.35 on Monday. The company’s 50-day simple moving average is $32.59 and its two-hundred day simple moving average is $31.81. iShares MSCI Intl Momentum Factor ETF has a one year low of $26.44 and a one year high of $33.65. The company has a market capitalization of $967.15 million, a P/E ratio of 12.17 and a beta of 0.78.

iShares MSCI Intl Momentum Factor ETF Company Profile

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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.