Cetera Investment Advisers Grows Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Cetera Investment Advisers grew its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 239.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,175 shares of the company’s stock after acquiring an additional 145,477 shares during the period. Cetera Investment Advisers owned about 0.30% of iShares MSCI Intl Momentum Factor ETF worth $9,420,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. AE Wealth Management LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 14.2% in the second quarter. AE Wealth Management LLC now owns 2,223 shares of the company’s stock worth $102,000 after purchasing an additional 277 shares in the last quarter. Shufro Rose & Co. LLC lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 0.4% during the 1st quarter. Shufro Rose & Co. LLC now owns 76,889 shares of the company’s stock worth $3,071,000 after buying an additional 290 shares during the last quarter. Comerica Bank grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.5% in the 1st quarter. Comerica Bank now owns 12,191 shares of the company’s stock worth $487,000 after acquiring an additional 296 shares in the last quarter. MorganRosel Wealth Management LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 0.7% in the 2nd quarter. MorganRosel Wealth Management LLC now owns 55,365 shares of the company’s stock worth $2,530,000 after acquiring an additional 398 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.2% in the 1st quarter. Harbour Investments Inc. now owns 8,206 shares of the company’s stock valued at $328,000 after acquiring an additional 404 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM opened at $46.70 on Friday. The business’s fifty day moving average price is $47.62 and its 200 day moving average price is $46.10. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $35.35 and a 12-month high of $49.06. The stock has a market capitalization of $3.37 billion, a PE ratio of 17.95 and a beta of 0.81.

iShares MSCI Intl Momentum Factor ETF Company Profile

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.