Toronto Dominion Bank Buys New Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Toronto Dominion Bank bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,525 shares of the company’s stock, valued at approximately $142,000.

Other institutional investors also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% during the third quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock valued at $333,000 after purchasing an additional 323 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 25,819 shares of the company’s stock worth $1,043,000 after buying an additional 335 shares in the last quarter. Dopkins Wealth Management LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.6% in the 2nd quarter. Dopkins Wealth Management LLC now owns 26,681 shares of the company’s stock worth $1,032,000 after acquiring an additional 415 shares during the period. Opes Wealth Management LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 0.4% in the third quarter. Opes Wealth Management LLC now owns 119,512 shares of the company’s stock valued at $4,826,000 after acquiring an additional 451 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,024 shares of the company’s stock valued at $465,000 after acquiring an additional 505 shares during the period.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA:IMTM opened at $39.19 on Tuesday. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $33.33 and a 12 month high of $41.20. The stock’s 50 day moving average price is $39.26 and its 200 day moving average price is $39.16.

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.