Finward Bancorp Purchases New Stake in iShares MSCI Intl Momentum Factor ETF $IMTM

Finward Bancorp purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 13,407 shares of the company’s stock, valued at approximately $706,000.

Several other institutional investors also recently bought and sold shares of the business. Western Wealth Management LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter worth $28,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at $31,000. Parkside Financial Bank & Trust lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 194.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,192 shares of the company’s stock valued at $64,000 after acquiring an additional 787 shares in the last quarter. Sankala Group LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 4th quarter valued at $82,000. Finally, Breakwater Capital Group purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 2nd quarter worth $213,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

NYSEARCA IMTM traded down $0.59 during trading hours on Wednesday, hitting $51.68. The company had a trading volume of 365,765 shares, compared to its average volume of 512,547. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $45.97 and a fifty-two week high of $54.79. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. The firm’s 50 day moving average is $53.35 and its 200 day moving average is $52.46.

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.