Ariadne Wealth Management LP Acquires 6,626 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Ariadne Wealth Management LP raised its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 29.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,972 shares of the company’s stock after acquiring an additional 6,626 shares during the period. Ariadne Wealth Management LP’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $1,152,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IMTM. Stifel Financial Corp raised its stake in iShares MSCI Intl Momentum Factor ETF by 4.1% in the third quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock valued at $333,000 after purchasing an additional 323 shares in the last quarter. Gladstone Institutional Advisory LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 8,332 shares of the company’s stock worth $312,000 after buying an additional 328 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 25,819 shares of the company’s stock valued at $1,043,000 after buying an additional 335 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.0% during the 4th quarter. HighTower Advisors LLC now owns 9,831 shares of the company’s stock worth $368,000 after acquiring an additional 378 shares during the last quarter. Finally, Bell Investment Advisors Inc grew its position in iShares MSCI Intl Momentum Factor ETF by 5.4% in the fourth quarter. Bell Investment Advisors Inc now owns 8,065 shares of the company’s stock worth $302,000 after acquiring an additional 413 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.4 %

NYSEARCA IMTM opened at $40.78 on Tuesday. The stock’s 50-day simple moving average is $39.74 and its two-hundred day simple moving average is $39.25. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.65 and a twelve month high of $41.23. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 19.24 and a beta of 0.80.

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.