We present a class of periodic solutions of the non-chiral intermediate Heisenberg ferromagnet equation, which was recently introduced by the authors together with Langmann as a classical, continuum limit of an Inozemtsev-type spin chain. These exact analytic solutions are constructed via a spin-pole ansatz written in terms of certain elliptic functions. The dynamical parameters in our solutions solve an elliptic spin Calogero-Moser (CM) system subject to certain constraints. In the course of our construction, we establish a novel Backlund transformation for this constrained elliptic spin CM system.