Professional Financial Advisors LLC Acquires 512 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

by · The Cerbat Gem

Professional Financial Advisors LLC raised its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTMFree Report) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,709 shares of the company’s stock after acquiring an additional 512 shares during the period. Professional Financial Advisors LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $1,266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IMTM. Smartleaf Asset Management LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the first quarter valued at about $36,000. Golden State Wealth Management LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth about $37,000. Assetmark Inc. grew its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 66.3% during the first quarter. Assetmark Inc. now owns 1,641 shares of the company’s stock worth $66,000 after purchasing an additional 654 shares during the last quarter. Blue Trust Inc. bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth about $90,000. Finally, AQR Capital Management LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth about $224,000.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.7%

NYSEARCA:IMTM opened at $47.35 on Thursday. The stock has a market cap of $3.25 billion, a P/E ratio of 17.95 and a beta of 0.78. The stock’s 50-day moving average is $46.18 and its 200-day moving average is $43.65. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $35.35 and a 1-year high of $48.04.

iShares MSCI Intl Momentum Factor ETF Profile

(Free Report)

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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