Focus Financial Network Inc. Increases Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Focus Financial Network Inc. grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 94.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 242,912 shares of the company’s stock after purchasing an additional 117,927 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $11,631,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Rockefeller Capital Management L.P. lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% in the second quarter. Rockefeller Capital Management L.P. now owns 14,597 shares of the company’s stock worth $667,000 after buying an additional 218 shares in the last quarter. Cerity Partners LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 2.2% during the 2nd quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after acquiring an additional 265 shares in the last quarter. AE Wealth Management LLC raised its holdings in iShares MSCI Intl Momentum Factor ETF by 14.2% in the 2nd quarter. AE Wealth Management LLC now owns 2,223 shares of the company’s stock valued at $102,000 after acquiring an additional 277 shares during the last quarter. Comerica Bank lifted its stake in iShares MSCI Intl Momentum Factor ETF by 2.5% in the 1st quarter. Comerica Bank now owns 12,191 shares of the company’s stock worth $487,000 after purchasing an additional 296 shares in the last quarter. Finally, Weaver Consulting Group boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 6.4% during the 2nd quarter. Weaver Consulting Group now owns 5,810 shares of the company’s stock worth $265,000 after purchasing an additional 350 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

IMTM stock opened at $47.82 on Friday. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $35.35 and a 1 year high of $49.63. The firm has a market capitalization of $3.45 billion, a PE ratio of 17.95 and a beta of 0.81. The business has a 50 day simple moving average of $47.87 and a 200-day simple moving average of $46.71.

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.