Straight Path Wealth Management Has $13.56 Million Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Straight Path Wealth Management boosted its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 3.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 282,728 shares of the company’s stock after buying an additional 10,010 shares during the quarter. iShares MSCI Intl Momentum Factor ETF makes up about 3.7% of Straight Path Wealth Management’s holdings, making the stock its 7th biggest holding. Straight Path Wealth Management owned about 0.38% of iShares MSCI Intl Momentum Factor ETF worth $13,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vise Technologies Inc. raised its holdings in iShares MSCI Intl Momentum Factor ETF by 170.4% during the 4th quarter. Vise Technologies Inc. now owns 220,175 shares of the company’s stock valued at $10,562,000 after buying an additional 138,736 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 4th quarter worth about $780,000. Peapack Gladstone Financial Corp lifted its position in shares of iShares MSCI Intl Momentum Factor ETF by 3.8% in the 4th quarter. Peapack Gladstone Financial Corp now owns 213,340 shares of the company’s stock worth $10,233,000 after purchasing an additional 7,747 shares during the period. AdvisorShares Investments LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at about $16,805,000. Finally, Rothschild Investment LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at about $32,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA IMTM opened at $53.62 on Friday. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $43.64 and a 1 year high of $53.73. The stock has a market capitalization of $3.98 billion, a P/E ratio of 17.95 and a beta of 0.81. The company’s 50-day moving average is $51.46 and its 200 day moving average is $50.21.

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.