Solano Wealth Investment Advisors LLC Acquires 13,813 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

Solano Wealth Investment Advisors LLC raised its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,671 shares of the company’s stock after buying an additional 13,813 shares during the quarter. iShares MSCI Intl Momentum Factor ETF makes up approximately 4.5% of Solano Wealth Investment Advisors LLC’s holdings, making the stock its 10th largest holding. Solano Wealth Investment Advisors LLC owned 0.27% of iShares MSCI Intl Momentum Factor ETF worth $9,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. CENTRAL TRUST Co acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the second quarter worth approximately $25,000. MAI Capital Management grew its holdings in iShares MSCI Intl Momentum Factor ETF by 245.1% in the third quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $32,000 after purchasing an additional 478 shares during the period. Allworth Financial LP increased its position 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 worth $40,000 after purchasing an additional 475 shares during the last quarter. AlphaCore Capital LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF during the second quarter worth approximately $60,000. Finally, CX Institutional purchased a new position in iShares MSCI Intl Momentum Factor ETF during the third quarter worth approximately $70,000.

iShares MSCI Intl Momentum Factor ETF Stock Down 1.7%

Shares of IMTM opened at $47.65 on Friday. The firm has a market cap of $3.50 billion, a PE ratio of 17.95 and a beta of 0.81. The company’s fifty day moving average is $50.79 and its two-hundred day moving average is $48.77. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $35.35 and a fifty-two week high of $53.17.

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.