iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Reaches New 1-Year High at $40.37

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $40.37 and last traded at $40.26, with a volume of 29172 shares trading hands. The stock had previously closed at $40.26.

iShares MSCI Intl Momentum Factor ETF Trading Up 1.0 %

The firm has a 50 day simple moving average of $39.07 and a 200 day simple moving average of $37.59. The firm has a market capitalization of $2.18 billion, a PE ratio of 13.86 and a beta of 0.81.

Hedge Funds Weigh In On iShares MSCI Intl Momentum Factor ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 5.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,153,804 shares of the company’s stock worth $672,944,000 after buying an additional 904,607 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,604,950 shares of the company’s stock worth $500,804,000 after buying an additional 642,064 shares during the last quarter. Ritholtz Wealth Management boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 2.8% in the 4th quarter. Ritholtz Wealth Management now owns 833,986 shares of the company’s stock worth $28,597,000 after buying an additional 23,009 shares during the last quarter. Klaas Financial Asset Advisors LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.4% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 540,201 shares of the company’s stock worth $18,523,000 after buying an additional 7,210 shares during the last quarter. Finally, Adroit Compliance LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth $18,523,000.

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.