Savvy Advisors Inc. Takes $6.27 Million Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Savvy Advisors Inc. bought a new stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 130,949 shares of the company’s stock, valued at approximately $6,270,000.

Other institutional investors have also added to or reduced their stakes in the company. Willis Johnson & Associates Inc. bought a new position in iShares MSCI Intl Momentum Factor ETF in the third quarter worth approximately $205,000. Caprock Group LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter worth approximately $404,000. Stratos Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 7.8% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 59,628 shares of the company’s stock worth $2,855,000 after purchasing an additional 4,331 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 23.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 56,049 shares of the company’s stock worth $2,684,000 after purchasing an additional 10,700 shares in the last quarter. Finally, Virtus Family Office LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at $385,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 0.6%

Shares of IMTM stock opened at $52.57 on Thursday. The firm has a fifty day simple moving average of $49.60 and a two-hundred day simple moving average of $48.03. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $35.35 and a 12 month high of $52.79. The firm has a market capitalization of $3.86 billion, a PE 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.