Wingate Wealth Advisors Inc. Takes $244,000 Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Wingate Wealth Advisors Inc. purchased a new position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 4th quarter, Holdings Channel.com reports. The fund purchased 6,516 shares of the company’s stock, valued at approximately $244,000.

Several other institutional investors also recently bought and sold shares of IMTM. Family Capital Trust Co lifted its position in iShares MSCI Intl Momentum Factor ETF by 4.5% in the fourth quarter. Family Capital Trust Co now owns 261,759 shares of the company’s stock valued at $9,787,000 after purchasing an additional 11,308 shares during the last quarter. Archvest Wealth Advisors Inc. increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 637.1% in the fourth quarter. Archvest Wealth Advisors Inc. now owns 149,291 shares of the company’s stock worth $5,584,000 after buying an additional 129,038 shares during the period. Stephens Consulting LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at $637,000. Columbus Macro LLC boosted its position in iShares MSCI Intl Momentum Factor ETF by 26.5% during the 4th quarter. Columbus Macro LLC now owns 69,403 shares of the company’s stock valued at $2,596,000 after buying an additional 14,531 shares during the period. Finally, RHS Financial LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 10.3% in the 4th quarter. RHS Financial LLC now owns 60,705 shares of the company’s stock worth $2,270,000 after acquiring an additional 5,690 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.8 %

Shares of NYSEARCA:IMTM opened at $39.54 on Monday. The company has a 50-day moving average price of $38.47 and a 200-day moving average price of $38.87. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $34.65 and a 12 month high of $41.20.

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.