Golden State Wealth Management LLC Buys New Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Golden State Wealth Management LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 932 shares of the company’s stock, valued at approximately $37,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IMTM. HighTower Advisors LLC increased its position in shares of 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 worth $368,000 after purchasing an additional 378 shares during the last quarter. Bell Investment Advisors Inc increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.4% during the 4th quarter. Bell Investment Advisors Inc now owns 8,065 shares of the company’s stock worth $302,000 after purchasing an additional 413 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.8% during 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. Valued Retirements Inc. increased its position 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 last quarter. Finally, Glass Jacobson Investment Advisors llc increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 26,875 shares of the company’s stock worth $1,005,000 after purchasing an additional 1,056 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.3%

NYSEARCA:IMTM opened at $45.32 on Monday. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 17.95 and a beta of 0.78. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.65 and a twelve month high of $45.71. The stock’s 50 day moving average price is $44.20 and its two-hundred day moving average price is $41.00.

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.