iShares MSCI Intl Momentum Factor ETF $IMTM Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 222.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 331,656 shares of the company’s stock after purchasing an additional 228,914 shares during the period. Royal Bank of Canada’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $15,927,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 1st quarter valued at $224,000. Jones Financial Companies Lllp acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the first quarter valued at $715,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 60.4% in the second quarter. JPMorgan Chase & Co. now owns 85,359 shares of the company’s stock valued at $3,900,000 after buying an additional 32,134 shares during the period. Cerity Partners LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 2.2% during the second quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after buying an additional 265 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in iShares MSCI Intl Momentum Factor ETF by 196.2% during the second quarter. Qube Research & Technologies Ltd now owns 27,892 shares of the company’s stock valued at $1,274,000 after buying an additional 18,476 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.2%

NYSEARCA:IMTM opened at $53.07 on Friday. The business’s 50-day moving average price is $52.58 and its 200 day moving average price is $51.49. The firm has a market cap of $4.23 billion, a P/E ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $45.61 and a 52-week high of $54.39.

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.