iShares MSCI Intl Momentum Factor ETF $IMTM Shares Sold by SouthState Corp

SouthState Corp decreased its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 10.9% during the 2nd quarter, Holdings Channel reports. The fund owned 16,318 shares of the company’s stock after selling 2,005 shares during the quarter. SouthState Corp’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $746,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF in the first quarter valued at about $36,000. Farther Finance Advisors LLC raised its stake in shares of 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. raised its stake in shares of 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. Bessemer Group Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the 2nd quarter valued at approximately $109,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the second quarter valued at approximately $223,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM stock opened at $47.67 on Friday. The business’s fifty day moving average price is $47.41 and its 200 day moving average price is $45.65. The firm has a market capitalization of $3.44 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $35.35 and a 1-year 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.