iShares MSCI Intl Momentum Factor ETF $IMTM Stock Position Raised by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. raised its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 450,342 shares of the company’s stock after purchasing an additional 14,815 shares during the quarter. iShares MSCI Intl Momentum Factor ETF accounts for about 3.7% of Armbruster Capital Management Inc.’s holdings, making the stock its 8th biggest position. Armbruster Capital Management Inc. owned approximately 0.66% of iShares MSCI Intl Momentum Factor ETF worth $20,576,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at approximately $36,000. Golden State Wealth Management LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at approximately $37,000. Farther Finance Advisors LLC boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 959.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock valued at $51,000 after purchasing an additional 1,017 shares in the last quarter. Assetmark Inc. boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 66.3% in the 1st quarter. Assetmark Inc. now owns 1,641 shares of the company’s stock valued at $66,000 after purchasing an additional 654 shares in the last quarter. Finally, Blue Trust Inc. purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at approximately $90,000.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.7%

IMTM stock opened at $47.75 on Wednesday. The firm has a 50 day moving average of $46.87 and a 200-day moving average of $44.37. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $35.35 and a 12-month high of $48.25. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 17.95 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.