Archvest Wealth Advisors Inc. Purchases 129,038 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Archvest Wealth Advisors Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 637.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 149,291 shares of the company’s stock after purchasing an additional 129,038 shares during the quarter. iShares MSCI Intl Momentum Factor ETF comprises 4.0% of Archvest Wealth Advisors Inc.’s holdings, making the stock its 9th largest position. Archvest Wealth Advisors Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $5,584,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IMTM. Bfsg LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at approximately $26,000. American Capital Advisory LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 3,367.9% during the third quarter. American Capital Advisory LLC now owns 971 shares of the company’s stock worth $39,000 after purchasing an additional 943 shares during the last quarter. Assetmark Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF during the third quarter valued at $41,000. Toronto Dominion Bank purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the third quarter valued at $142,000. Finally, EP Wealth Advisors LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth about $153,000.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.8 %

Shares of IMTM stock opened at $39.54 on Friday. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $34.65 and a 52-week high of $41.20. The stock has a market cap of $2.14 billion, a PE ratio of 13.86 and a beta of 0.81. The business has a 50-day simple moving average of $38.46 and a 200-day simple moving average of $38.87.

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.