Opes Wealth Management LLC Boosts Stock Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Opes Wealth Management LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,888 shares of the company’s stock after acquiring an additional 1,083 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for about 1.1% of Opes Wealth Management LLC’s portfolio, making the stock its 29th largest position. Opes Wealth Management LLC owned 0.29% of iShares MSCI Intl Momentum Factor ETF worth $4,420,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of IMTM. Mercer Global Advisors Inc. ADV increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 7.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 14,264,864 shares of the company’s stock worth $449,058,000 after acquiring an additional 968,982 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 6.6% during the third quarter. Envestnet Asset Management Inc. now owns 13,962,886 shares of the company’s stock worth $439,552,000 after acquiring an additional 867,571 shares during the period. Jane Street Group LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 277.4% during the fourth quarter. Jane Street Group LLC now owns 1,101,139 shares of the company’s stock worth $33,948,000 after acquiring an additional 809,343 shares during the period. Family Capital Trust Co purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter worth $7,893,000. Finally, Royal Bank of Canada grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 406.3% during the third quarter. Royal Bank of Canada now owns 194,288 shares of the company’s stock worth $5,219,000 after purchasing an additional 155,914 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.3 %

Shares of IMTM stock traded down $0.10 on Thursday, reaching $37.32. 146,300 shares of the stock were exchanged, compared to its average volume of 220,811. The business’s 50 day moving average price is $37.93 and its 200 day moving average price is $34.88. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 11.82 and a beta of 0.78. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $30.38 and a twelve month high of $39.36.

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.