Mercer Global Advisors Inc. ADV Purchases 1,095,537 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

Mercer Global Advisors Inc. ADV increased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 5.3% in the 3rd quarter, Holdings Channel reports. The firm owned 21,723,174 shares of the company’s stock after buying an additional 1,095,537 shares during the quarter. iShares MSCI Intl Momentum Factor ETF comprises approximately 1.7% of Mercer Global Advisors Inc. ADV’s investment portfolio, making the stock its 12th biggest position. Mercer Global Advisors Inc. ADV owned approximately 0.30% of iShares MSCI Intl Momentum Factor ETF worth $1,040,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock valued at $911,869,000 after buying an additional 810,082 shares in the last quarter. Ocean Park Asset Management LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth about $28,012,000. Bank of America Corp DE boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 73.8% during the 3rd quarter. Bank of America Corp DE now owns 629,951 shares of the company’s stock valued at $30,162,000 after acquiring an additional 267,422 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 45.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 840,894 shares of the company’s stock valued at $40,256,000 after acquiring an additional 263,146 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF in the second quarter valued at about $11,429,000.

iShares MSCI Intl Momentum Factor ETF Stock Up 2.3%

NYSEARCA IMTM opened at $48.73 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $35.35 and a twelve month high of $53.17. The stock has a market cap of $3.58 billion, a P/E ratio of 17.95 and a beta of 0.81. The company’s 50-day simple moving average is $50.77 and its 200 day simple moving average is $48.81.

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.