HighTower Advisors LLC Buys 807 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

HighTower Advisors LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 9.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,453 shares of the company’s stock after acquiring an additional 807 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $381,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 6.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,200,688 shares of the company’s stock valued at $701,169,000 after purchasing an additional 1,151,546 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 18,153,075 shares of the company’s stock worth $702,342,000 after buying an additional 941,710 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 4.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,629,698 shares of the company’s stock valued at $752,267,000 after buying an additional 740,553 shares during the last quarter. Focus Financial Network Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at approximately $4,975,000. Finally, Symmetry Partners LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth approximately $4,002,000.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.0 %

Shares of IMTM opened at $37.32 on Monday. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $33.59 and a twelve month high of $41.20. The company has a 50 day moving average of $39.09 and a 200-day moving average of $39.10. The stock has a market capitalization of $2.02 billion, a P/E ratio of 13.86 and a beta of 0.81.

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.