Ariadne Wealth Management LP Has $1.15 Million Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Ariadne Wealth Management LP boosted its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 29.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,972 shares of the company’s stock after purchasing an additional 6,626 shares during the period. Ariadne Wealth Management LP owned about 0.05% of iShares MSCI Intl Momentum Factor ETF worth $1,152,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Ritholtz Wealth Management grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.5% in the 4th quarter. Ritholtz Wealth Management now owns 907,373 shares of the company’s stock valued at $33,936,000 after buying an additional 39,341 shares during the last quarter. Acropolis Investment Management LLC boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 4.2% in the fourth quarter. Acropolis Investment Management LLC now owns 593,044 shares of the company’s stock valued at $22,180,000 after acquiring an additional 23,677 shares during the last quarter. FMR LLC increased its position in iShares MSCI Intl Momentum Factor ETF by 10.3% during the 3rd quarter. FMR LLC now owns 486,796 shares of the company’s stock valued at $19,657,000 after purchasing an additional 45,438 shares during the period. Sequoia Financial Advisors LLC bought a new position in iShares MSCI Intl Momentum Factor ETF during the 4th quarter worth approximately $16,909,000. Finally, Armbruster Capital Management Inc. lifted its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.2% in the 4th quarter. Armbruster Capital Management Inc. now owns 424,760 shares of the company’s stock worth $15,886,000 after purchasing an additional 9,217 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

NYSEARCA:IMTM opened at $40.78 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $34.65 and a 52 week high of $41.23. The firm’s fifty day moving average is $39.74 and its 200-day moving average is $39.25. The firm has a market cap of $2.49 billion, a P/E ratio of 19.24 and a beta of 0.80.

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.