iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Reaches New 12-Month High – Here’s What Happened

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) hit a new 52-week high during trading on Thursday . The company traded as high as $50.33 and last traded at $50.24, with a volume of 62862 shares trading hands. The stock had previously closed at $50.02.

iShares MSCI Intl Momentum Factor ETF Stock Performance

The company has a 50-day moving average of $48.54 and a 200-day moving average of $47.40. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81.

Institutional Trading of iShares MSCI Intl Momentum Factor ETF

A number of large investors have recently made changes to their positions in IMTM. Capital Investment Advisory Services LLC raised its stake in iShares MSCI Intl Momentum Factor ETF by 26.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 53,517 shares of the company’s stock valued at $2,567,000 after purchasing an additional 11,176 shares during the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth about $407,000. Unison Advisors LLC grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.6% during the fourth quarter. Unison Advisors LLC now owns 87,368 shares of the company’s stock worth $4,191,000 after buying an additional 4,617 shares in the last quarter. Stratos Wealth Advisors LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% during the fourth quarter. Stratos Wealth Advisors LLC now owns 61,751 shares of the company’s stock valued at $2,962,000 after buying an additional 2,123 shares during the period. Finally, Meredith Wealth Planning lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.9% during the fourth quarter. Meredith Wealth Planning now owns 238,317 shares of the company’s stock valued at $11,432,000 after buying an additional 4,356 shares during the period.

iShares MSCI Intl Momentum Factor ETF Company 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.