Citadel Advisors LLC Invests $3.86 Million in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Citadel Advisors LLC bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 103,100 shares of the company’s stock, valued at approximately $3,856,000. Citadel Advisors LLC owned 0.19% of iShares MSCI Intl Momentum Factor ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gladstone Institutional Advisory LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 8,332 shares of the company’s stock valued at $312,000 after acquiring an additional 328 shares during the period. HighTower Advisors LLC raised its stake in iShares MSCI Intl Momentum Factor ETF by 4.0% during the 4th quarter. HighTower Advisors LLC now owns 9,831 shares of the company’s stock valued at $368,000 after purchasing an additional 378 shares during the last quarter. Bell Investment Advisors Inc boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 5.4% in the 4th quarter. Bell Investment Advisors Inc now owns 8,065 shares of the company’s stock valued at $302,000 after purchasing an additional 413 shares during the period. Rockefeller Capital Management L.P. grew its position in iShares MSCI Intl Momentum Factor ETF by 5.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,104 shares of the company’s stock worth $602,000 after purchasing an additional 884 shares during the last quarter. Finally, Valued Retirements Inc. increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.5% during the 4th quarter. Valued Retirements Inc. now owns 23,389 shares of the company’s stock worth $875,000 after purchasing an additional 1,005 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of IMTM opened at $43.95 on Tuesday. The company has a 50-day simple moving average of $40.77 and a 200-day simple moving average of $39.60. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $34.65 and a 52 week high of $43.99. The firm has a market capitalization of $2.73 billion, a P/E ratio of 18.67 and a beta of 0.80.

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.