Financial Partners Group Inc Boosts Stock Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Financial Partners Group Inc increased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 44.1% in the fourth quarter, Holdings Channel reports. The firm owned 180,723 shares of the company’s stock after purchasing an additional 55,321 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for 1.1% of Financial Partners Group Inc’s holdings, making the stock its 26th biggest holding. Financial Partners Group Inc’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $9,161,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF in the third quarter worth about $2,985,000. Acropolis Investment Management LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 1.9% in the fourth quarter. Acropolis Investment Management LLC now owns 641,150 shares of the company’s stock worth $30,756,000 after purchasing an additional 12,064 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 25.7% in the third quarter. Commonwealth Equity Services LLC now owns 140,697 shares of the company’s stock worth $6,737,000 after purchasing an additional 28,777 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 26.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 53,517 shares of the company’s stock worth $2,567,000 after purchasing an additional 11,176 shares in the last quarter. Finally, Compound Planning Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF in the third quarter worth about $495,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

NYSEARCA:IMTM opened at $52.79 on Friday. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a one year low of $42.59 and a one year high of $53.21. The stock has a 50-day simple moving average of $50.12 and a 200 day simple moving average of $49.51.

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.