Transce3nd LLC Invests $76,000 in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Transce3nd LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 2,039 shares of the company’s stock, valued at approximately $76,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. HighTower Advisors LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.3% in the third quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock valued at $381,000 after acquiring an additional 807 shares during the period. Stifel Financial Corp grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% during the 3rd 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. World Investment Advisors LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% in the third quarter. World Investment Advisors LLC now owns 48,151 shares of the company’s stock worth $1,944,000 after purchasing an additional 2,037 shares during the period. Kathmere Capital Management LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 4.1% during the fourth quarter. Kathmere Capital Management LLC now owns 397,824 shares of the company’s stock valued at $14,879,000 after buying an additional 15,771 shares during the period. Finally, Acropolis Investment Management LLC grew its position in iShares MSCI Intl Momentum Factor ETF by 4.2% during the fourth quarter. Acropolis Investment Management LLC now owns 593,044 shares of the company’s stock worth $22,180,000 after buying an additional 23,677 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.5 %

Shares of NYSEARCA IMTM opened at $40.12 on Tuesday. The firm has a market capitalization of $2.47 billion, a P/E ratio of 16.78 and a beta of 0.78. The stock’s 50-day simple moving average is $39.84 and its two-hundred day simple moving average is $39.18. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.65 and a twelve month high of $41.23.

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.