Truist Financial Corp Takes $2.03 Million Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Truist Financial Corp acquired a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 41,935 shares of the company’s stock, valued at approximately $2,029,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF in the 4th quarter valued at about $27,000. MAI Capital Management boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 245.1% in the 3rd quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $32,000 after buying an additional 478 shares during the period. CWM LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 872.9% in the 4th quarter. CWM LLC now owns 827 shares of the company’s stock valued at $40,000 after buying an additional 742 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 368.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,640 shares of the company’s stock valued at $79,000 after buying an additional 1,290 shares during the period. Finally, American Capital Advisory LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 99.9% during the third quarter. American Capital Advisory LLC now owns 1,885 shares of the company’s stock worth $90,000 after purchasing an additional 942 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 1.1%

IMTM stock opened at $53.34 on Thursday. The business has a 50 day moving average price of $50.14 and a 200 day moving average price of $49.67. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $42.67 and a fifty-two week high of $53.35.

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.