iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Get Free Report) shares fell 0.8% during mid-day trading on Monday . The company traded as low as $51.45 and last traded at $51.75. 346,062 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 586,321 shares. The stock had previously closed at $52.17.
iShares MSCI Intl Momentum Factor ETF Price Performance
The firm has a market cap of $4.10 billion, a P/E ratio of 17.95 and a beta of 0.80. The stock’s 50-day simple moving average is $52.66 and its two-hundred day simple moving average is $51.36.
Hedge Funds Weigh In On iShares MSCI Intl Momentum Factor ETF
Several hedge funds have recently added to or reduced their stakes in the company. G&S Capital LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 2.7% in the second quarter. G&S Capital LLC now owns 23,525 shares of the company’s stock worth $1,255,000 after purchasing an additional 624 shares during the last quarter. Professional Financial Advisors LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.9% in the second quarter. Professional Financial Advisors LLC now owns 40,921 shares of the company’s stock worth $2,182,000 after buying an additional 1,928 shares during the period. Focus Financial Network Inc. raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 1.9% in the second quarter. Focus Financial Network Inc. now owns 264,351 shares of the company’s stock worth $14,098,000 after buying an additional 4,932 shares during the period. Breakwater Capital Group bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 2nd quarter worth approximately $213,000. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 828.5% during the 1st quarter. NewEdge Advisors LLC now owns 101,509 shares of the company’s stock worth $4,874,000 after acquiring an additional 90,576 shares during the last quarter.
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.
See Also
- Five stocks we like better than iShares MSCI Intl Momentum Factor ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for iShares MSCI Intl Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Intl Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
