iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) Trading Up 3% – Should You Buy?

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) shot up 3% during trading on Friday . The stock traded as high as $99.88 and last traded at $99.88. 1,801 shares were traded during mid-day trading, an increase of 20% from the average session volume of 1,500 shares. The stock had previously closed at $96.9997.

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF Stock Performance

The firm’s 50 day moving average is $96.29 and its two-hundred day moving average is $92.83.

The iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) is an Ireland-domiciled exchange-traded fund managed by BlackRock under its iShares brand. The fund seeks to track the performance of the MSCI World Momentum Index, which is designed to capture the performance of large- and mid-capitalization developed-market companies exhibiting relatively higher price momentum. By focusing on securities with strong recent price trends, the ETF offers investors targeted exposure to a factor-based equity strategy within the global equity universe.

Holdings are selected and weighted based on their momentum scores, with periodic rebalancing to ensure the portfolio remains aligned with the underlying index methodology.