Cetera Investment Advisers Buys 4,576 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Cetera Investment Advisers lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 8.0% in the 4th quarter, Holdings Channel reports. The firm owned 61,578 shares of the company’s stock after acquiring an additional 4,576 shares during the period. Cetera Investment Advisers’ holdings in iShares MSCI Intl Momentum Factor ETF were worth $2,303,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IMTM. Gladstone Institutional Advisory LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 8,332 shares of the company’s stock valued at $312,000 after buying an additional 328 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 4.0% during the fourth quarter. HighTower Advisors LLC now owns 9,831 shares of the company’s stock valued at $368,000 after buying an additional 378 shares during the period. Bell Investment Advisors Inc increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 5.4% during the fourth quarter. Bell Investment Advisors Inc now owns 8,065 shares of the company’s stock valued at $302,000 after buying an additional 413 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 16,104 shares of the company’s stock valued at $602,000 after purchasing an additional 884 shares in the last quarter. Finally, Valued Retirements Inc. boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.5% during the fourth quarter. Valued Retirements Inc. now owns 23,389 shares of the company’s stock valued at $875,000 after purchasing an additional 1,005 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.4%

NYSEARCA IMTM opened at $43.54 on Monday. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.65 and a twelve month high of $43.60. The firm has a market capitalization of $2.71 billion, a PE ratio of 18.67 and a beta of 0.80. The stock’s 50 day moving average is $40.70 and its 200 day moving average is $39.56.

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.