iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Sees Large Volume Increase

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) saw unusually-high trading volume on Tuesday . Approximately 608,738 shares were traded during trading, an increase of 140% from the previous session’s volume of 254,022 shares.The stock last traded at $38.53 and had previously closed at $38.52.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.2 %

The firm’s fifty day moving average price is $39.15 and its 200-day moving average price is $38.03. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81.

Institutional Trading of iShares MSCI Intl Momentum Factor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 4th quarter valued at about $14,779,000. NBC Securities Inc. boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 25.8% in the first quarter. NBC Securities Inc. now owns 18,086 shares of the company’s stock valued at $719,000 after acquiring an additional 3,704 shares during the period. Segment Wealth Management LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth approximately $217,000. Klaas Financial Asset Advisors LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 1.4% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 540,201 shares of the company’s stock valued at $18,523,000 after acquiring an additional 7,210 shares during the period. Finally, Great Oak Capital Partners LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 4th quarter valued at $5,123,000.

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.