Wingate Wealth Advisors Inc. Invests $244,000 in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Wingate Wealth Advisors Inc. acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,516 shares of the company’s stock, valued at approximately $244,000.

A number of other hedge funds have also bought and sold shares of the company. Stifel Financial Corp boosted its position 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 valued at $333,000 after acquiring an additional 323 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.3% during the 3rd quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock valued at $381,000 after purchasing an additional 807 shares in the last quarter. Archvest Wealth Advisors Inc. grew its stake 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 stake in iShares MSCI Intl Momentum Factor ETF in the third quarter worth approximately $904,000. Finally, Creative Planning lifted its stake in iShares MSCI Intl Momentum Factor ETF by 9.6% in the third quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after buying an additional 669 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.8 %

Shares of IMTM stock opened at $39.54 on Monday. The firm has a 50 day moving average of $38.47 and a 200-day moving average of $38.87. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $34.65 and a 52 week high of $41.20.

About iShares MSCI Intl Momentum Factor ETF

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.