Stifel Financial Corp Purchases 323 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Stifel Financial Corp increased its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 4.1% during the third quarter, Holdings Channel reports. The institutional investor owned 8,242 shares of the company’s stock after purchasing an additional 323 shares during the period. Stifel Financial Corp’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $333,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Opes Wealth Management LLC raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 0.4% during the third quarter. Opes Wealth Management LLC now owns 119,512 shares of the company’s stock worth $4,826,000 after purchasing an additional 451 shares during the period. National Bank of Canada FI lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.6% in the second quarter. National Bank of Canada FI now owns 38,900 shares of the company’s stock valued at $1,506,000 after buying an additional 615 shares in the last quarter. Bfsg LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at about $26,000. Creative Planning increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% during the third quarter. Creative Planning now owns 7,662 shares of the company’s stock worth $309,000 after acquiring an additional 669 shares in the last quarter. Finally, Professional Financial Advisors LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 2.7% in the 3rd quarter. Professional Financial Advisors LLC now owns 27,175 shares of the company’s stock worth $1,097,000 after acquiring an additional 713 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of IMTM opened at $37.70 on Friday. The firm has a market capitalization of $2.04 billion, a P/E ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $33.59 and a 52 week high of $41.20. The stock has a 50 day moving average price of $38.85 and a two-hundred day moving average price of $39.04.

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.