iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Sees Unusually-High Trading Volume

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) shares saw an uptick in trading volume on Monday . 212,492 shares were traded during trading, a decline of 4% from the previous session’s volume of 221,978 shares.The stock last traded at $38.65 and had previously closed at $38.40.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.5 %

The firm has a market cap of $2.04 billion, a PE ratio of 13.41 and a beta of 0.79. The company has a 50 day moving average price of $38.31 and a 200 day moving average price of $35.54.

Institutional Investors Weigh In On iShares MSCI Intl Momentum Factor ETF

Large investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV increased its holdings in iShares MSCI Intl Momentum Factor ETF by 7.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 14,264,864 shares of the company’s stock valued at $449,058,000 after acquiring an additional 968,982 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,153,804 shares of the company’s stock worth $672,944,000 after buying an additional 904,607 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings 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 buying an additional 867,571 shares in the last quarter. Adroit Compliance LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth about $18,523,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth about $14,779,000.

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.