Vestmark Advisory Solutions Inc. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,401 shares of the company’s stock, valued at approximately $239,000.
Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF by 2.6% in the second quarter. LPL Financial LLC now owns 47,142 shares of the company’s stock valued at $1,411,000 after buying an additional 1,188 shares during the last quarter. Citadel Advisors LLC raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 159.9% during the 2nd quarter. Citadel Advisors LLC now owns 145,186 shares of the company’s stock worth $4,345,000 after acquiring an additional 89,313 shares in the last quarter. Armbruster Capital Management Inc. lifted its stake in iShares MSCI Intl Momentum Factor ETF by 6.5% during the third quarter. Armbruster Capital Management Inc. now owns 412,870 shares of the company’s stock worth $11,090,000 after purchasing an additional 25,224 shares during the last quarter. Royal Bank of Canada boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 406.3% in the third quarter. Royal Bank of Canada now owns 194,288 shares of the company’s stock valued at $5,219,000 after purchasing an additional 155,914 shares in the last quarter. Finally, BlackRock Inc. increased its stake in iShares MSCI Intl Momentum Factor ETF by 16.7% in the third quarter. BlackRock Inc. now owns 907,961 shares of the company’s stock valued at $24,388,000 after purchasing an additional 129,733 shares during the last quarter.
iShares MSCI Intl Momentum Factor ETF Trading Down 0.2 %
IMTM stock opened at $31.90 on Friday. The company’s 50 day moving average is $33.01 and its two-hundred day moving average is $32.62. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $26.44 and a twelve month high of $33.95. The stock has a market cap of $1.43 billion, a P/E ratio of 11.82 and a beta of 0.78.
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.
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