New Millennium Group LLC Takes $4.31 Million Position in iShares MSCI Intl Momentum Factor ETF $IMTM

New Millennium Group LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 89,932 shares of the company’s stock, valued at approximately $4,306,000. iShares MSCI Intl Momentum Factor ETF makes up 2.0% of New Millennium Group LLC’s investment portfolio, making the stock its 17th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 25.1% in the 1st quarter. Royal Bank of Canada now owns 48,409 shares of the company’s stock worth $1,934,000 after buying an additional 9,717 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth about $224,000. Jones Financial Companies Lllp acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter worth about $715,000. Atria Wealth Solutions Inc. purchased a new position in iShares MSCI Intl Momentum Factor ETF in the second quarter valued at about $223,000. Finally, Glass Jacobson Investment Advisors llc increased its holdings in iShares MSCI Intl Momentum Factor ETF by 16.4% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 31,278 shares of the company’s stock worth $1,429,000 after purchasing an additional 4,403 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.2%

iShares MSCI Intl Momentum Factor ETF stock opened at $52.07 on Friday. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $35.35 and a 52 week high of $52.79. The stock has a market cap of $3.83 billion, a P/E ratio of 17.95 and a beta of 0.81. The stock has a 50 day moving average of $49.96 and a 200-day moving average of $48.30.

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.