Financial Partners Group Inc Purchases 10,576 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Financial Partners Group Inc grew its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 82.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,469 shares of the company’s stock after purchasing an additional 10,576 shares during the period. Financial Partners Group Inc’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $908,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bell Investment Advisors Inc boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 2.3% in the 4th quarter. Bell Investment Advisors Inc now owns 12,667 shares of the company’s stock worth $434,000 after buying an additional 290 shares during the last quarter. Columbus Macro LLC boosted its position in iShares MSCI Intl Momentum Factor ETF by 0.8% in the first quarter. Columbus Macro LLC now owns 55,086 shares of the company’s stock worth $2,161,000 after purchasing an additional 462 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares MSCI Intl Momentum Factor ETF by 4.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,024 shares of the company’s stock valued at $465,000 after purchasing an additional 505 shares during the period. Concourse Financial Group Securities Inc. grew its stake in iShares MSCI Intl Momentum Factor ETF by 147.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 1,059 shares of the company’s stock valued at $42,000 after purchasing an additional 631 shares during the period. Finally, Occidental Asset Management LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.0% during the 2nd quarter. Occidental Asset Management LLC now owns 69,309 shares of the company’s stock valued at $2,682,000 after purchasing an additional 703 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.4 %

Shares of NYSEARCA:IMTM traded up $0.15 during midday trading on Friday, reaching $39.13. The company had a trading volume of 456,221 shares, compared to its average volume of 275,635. The stock has a market cap of $2.11 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 $30.38 and a 52-week high of $40.60. The company’s 50 day moving average price is $38.65 and its 200 day moving average price is $38.27.

About iShares MSCI Intl Momentum Factor ETF

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.