Capital Investment Advisory Services LLC Grows Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Capital Investment Advisory Services LLC increased its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 38.5% during the third quarter, Holdings Channel reports. The firm owned 42,341 shares of the company’s stock after acquiring an additional 11,780 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $2,027,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the second quarter valued at approximately $25,000. Allworth Financial LP grew its stake in 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 valued at $40,000 after acquiring an additional 475 shares in the last quarter. AlphaCore Capital LLC purchased a new position in iShares MSCI Intl Momentum Factor ETF during the second quarter valued at $60,000. CX Institutional bought a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at $70,000. Finally, American Capital Advisory LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 99.9% in the 3rd quarter. American Capital Advisory LLC now owns 1,885 shares of the company’s stock worth $90,000 after purchasing an additional 942 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 2.8%

IMTM opened at $51.29 on Friday. The company has a market capitalization of $3.77 billion, a PE ratio of 17.95 and a beta of 0.81. The firm has a 50-day simple moving average of $49.35 and a two-hundred day simple moving average of $47.87. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $35.35 and a 52 week high of $51.91.

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.