Farther Finance Advisors LLC Raises Stock Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 959.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 1,123 shares of the company’s stock after acquiring an additional 1,017 shares during the period. Farther Finance Advisors LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $51,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Shufro Rose & Co. LLC increased its stake in iShares MSCI Intl Momentum Factor ETF by 0.4% in the first quarter. Shufro Rose & Co. LLC now owns 76,889 shares of the company’s stock worth $3,071,000 after purchasing an additional 290 shares during the period. Comerica Bank increased its stake in 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 buying an additional 296 shares during the period. Harbour Investments Inc. lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 5.2% during the 1st quarter. Harbour Investments Inc. now owns 8,206 shares of the company’s stock valued at $328,000 after buying an additional 404 shares in the last quarter. Professional Financial Advisors LLC boosted its position in iShares MSCI Intl Momentum Factor ETF by 1.9% in the 2nd quarter. Professional Financial Advisors LLC now owns 27,709 shares of the company’s stock valued at $1,266,000 after buying an additional 512 shares during the period. Finally, Strategic Blueprint LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 4.6% in the 1st quarter. Strategic Blueprint LLC now owns 13,972 shares of the company’s stock worth $558,000 after acquiring an additional 609 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of NYSEARCA:IMTM opened at $48.11 on Tuesday. The firm’s 50 day simple moving average is $46.82 and its 200-day simple moving average is $44.35. iShares MSCI Intl Momentum Factor ETF has a one year low of $35.35 and a one year high of $48.25. The firm has a market cap of $3.39 billion, a PE ratio of 17.95 and a beta of 0.78.

iShares MSCI Intl Momentum Factor ETF 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.