iShares MSCI Intl Momentum Factor ETF $IMTM Stock Acquired by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. grew its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 21.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 205,583 shares of the company’s stock after acquiring an additional 36,059 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for 1.1% of Wealth Enhancement Trust Services Inc.’s portfolio, making the stock its 16th biggest holding. Wealth Enhancement Trust Services Inc. owned about 0.25% of iShares MSCI Intl Momentum Factor ETF worth $10,820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of IMTM. Dopkins Wealth Management LLC raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.2% in the 1st quarter. Dopkins Wealth Management LLC now owns 49,224 shares of the company’s stock worth $2,364,000 after purchasing an additional 563 shares during the last quarter. Western Wealth Management LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the 1st quarter worth about $28,000. G&S Capital LLC grew its position in iShares MSCI Intl Momentum Factor ETF by 2.7% during the 2nd quarter. G&S Capital LLC now owns 23,525 shares of the company’s stock valued at $1,255,000 after purchasing an additional 624 shares during the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at about $31,000. Finally, World Equity Group Inc. grew its position in iShares MSCI Intl Momentum Factor ETF by 5.0% during the 1st quarter. World Equity Group Inc. now owns 14,378 shares of the company’s stock valued at $690,000 after purchasing an additional 679 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Down 1.8%

NYSEARCA:IMTM traded down $0.97 on Wednesday, reaching $52.40. 489,141 shares of the stock traded hands, compared to its average volume of 516,756. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $45.97 and a 12 month high of $54.79. The company’s fifty day simple moving average is $53.33 and its 200 day simple moving average is $52.29.

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.