Rollins Financial Advisors LLC Acquires New Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Rollins Financial Advisors LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,589 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 959.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock valued at $51,000 after purchasing an additional 1,017 shares in the last quarter. Atria Investments Inc increased its position in iShares MSCI Intl Momentum Factor ETF by 1.2% during the 2nd quarter. Atria Investments Inc now owns 102,057 shares of the company’s stock worth $4,663,000 after purchasing an additional 1,188 shares in the last quarter. Comerica Bank lifted its stake in iShares MSCI Intl Momentum Factor ETF by 2.5% in the 1st quarter. Comerica Bank now owns 12,191 shares of the company’s stock valued at $487,000 after purchasing an additional 296 shares during the last quarter. RPS Advisory Solutions LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the 2nd quarter valued at approximately $1,240,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in iShares MSCI Intl Momentum Factor ETF in the second quarter valued at approximately $223,000.

iShares MSCI Intl Momentum Factor ETF Stock Performance

NYSEARCA IMTM opened at $47.84 on Friday. The firm’s fifty day moving average price is $47.44 and its two-hundred day moving average price is $45.73. The stock has a market cap of $3.45 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $35.35 and a fifty-two week high of $48.25.

iShares MSCI Intl Momentum Factor ETF 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.