Fifth Third Securities Inc. Lowers Stock Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Fifth Third Securities Inc. cut its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 58.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,786 shares of the company’s stock after selling 29,795 shares during the period. Fifth Third Securities Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $995,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IMTM. CENTRAL TRUST Co purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 2nd quarter worth approximately $25,000. Smartleaf Asset Management LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF during the first quarter worth $36,000. Allworth Financial LP boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 121.8% during the second quarter. Allworth Financial LP now owns 865 shares of the company’s stock worth $40,000 after buying an additional 475 shares during the period. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 959.4% in the second quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock valued at $51,000 after buying an additional 1,017 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 2nd quarter valued at $60,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 1.0%

IMTM opened at $47.82 on Monday. The stock’s 50-day moving average price is $47.87 and its 200 day moving average price is $46.73. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $35.35 and a 12-month high of $49.63. The firm has a market cap of $3.45 billion, a price-to-earnings 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.