Focus Financial Network Inc. Purchases 1,274 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Focus Financial Network Inc. increased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 124,484 shares of the company’s stock after purchasing an additional 1,274 shares during the period. Focus Financial Network Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $4,656,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% in the 3rd quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock worth $333,000 after buying an additional 323 shares during the period. HighTower Advisors LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 9.3% during the third quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock worth $381,000 after acquiring an additional 807 shares in the last quarter. Archvest Wealth Advisors Inc. grew its holdings in iShares MSCI Intl Momentum Factor ETF by 637.1% in the fourth quarter. Archvest Wealth Advisors Inc. now owns 149,291 shares of the company’s stock worth $5,584,000 after purchasing an additional 129,038 shares during the period. Valued Retirements Inc. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at approximately $904,000. Finally, Creative Planning lifted its holdings 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 valued at $309,000 after purchasing an additional 669 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.6 %

Shares of IMTM opened at $39.77 on Tuesday. The stock has a market cap of $2.15 billion, a P/E ratio of 13.86 and a beta of 0.81. The business’s 50 day moving average price is $38.48 and its 200-day moving average price is $38.88. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $34.65 and a 52 week high of $41.20.

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.