Alexis Investment Partners LLC Acquires New Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Alexis Investment Partners LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the second quarter, HoldingsChannel.com reports. The firm acquired 104,898 shares of the company’s stock, valued at approximately $4,758,000. iShares MSCI Intl Momentum Factor ETF comprises about 2.0% of Alexis Investment Partners LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other hedge funds also recently bought and sold shares of IMTM. Smartleaf Asset Management LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the first quarter valued at $36,000. Golden State Wealth Management LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF during the first quarter valued at about $37,000. Farther Finance Advisors LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 959.4% during the second quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock valued at $51,000 after purchasing an additional 1,017 shares during the period. Assetmark Inc. grew its holdings in iShares MSCI Intl Momentum Factor ETF by 66.3% during the first quarter. Assetmark Inc. now owns 1,641 shares of the company’s stock valued at $66,000 after purchasing an additional 654 shares during the period. Finally, Blue Trust Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF during the first quarter valued at about $90,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

NYSEARCA:IMTM opened at $47.16 on Monday. The stock has a 50-day simple moving average of $47.18 and a two-hundred day simple moving average of $44.80. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $35.35 and a 52-week high of $48.25. The firm has a market capitalization of $3.36 billion, a PE ratio of 17.95 and a beta of 0.78.

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.