Stratos Wealth Advisors LLC Has $2.53 Million Stock Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Stratos Wealth Advisors LLC grew its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 96.8% during the 2nd quarter, Holdings Channel reports. The firm owned 55,297 shares of the company’s stock after purchasing an additional 27,194 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $2,527,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IMTM. Smartleaf Asset Management LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at $36,000. Golden State Wealth Management LLC acquired a new position in iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth about $37,000. Farther Finance Advisors LLC lifted its position in iShares MSCI Intl Momentum Factor ETF by 959.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock worth $51,000 after buying an additional 1,017 shares in the last quarter. Assetmark Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF by 66.3% during the 1st quarter. Assetmark Inc. now owns 1,641 shares of the company’s stock worth $66,000 after buying an additional 654 shares in the last quarter. Finally, Blue Trust Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth about $90,000.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.7%

Shares of NYSEARCA IMTM opened at $47.16 on Friday. The firm’s 50-day simple moving average is $47.18 and its 200 day simple moving average is $44.73. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 17.95 and a beta of 0.78. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $35.35 and a 12-month high of $48.25.

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.