Archvest Wealth Advisors Inc. Sells 176,523 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

Archvest Wealth Advisors Inc. lowered its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 99.2% in the 4th quarter, Holdings Channel reports. The firm owned 1,399 shares of the company’s stock after selling 176,523 shares during the period. Archvest Wealth Advisors Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $67,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 21,723,174 shares of the company’s stock valued at $1,040,105,000 after buying an additional 1,095,537 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 4.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,865,565 shares of the company’s stock valued at $983,941,000 after acquiring an additional 768,834 shares during the period. Ritholtz Wealth Management lifted its stake in iShares MSCI Intl Momentum Factor ETF by 3.6% during the 4th quarter. Ritholtz Wealth Management now owns 1,593,085 shares of the company’s stock valued at $76,420,000 after acquiring an additional 55,900 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 29.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,020,555 shares of the company’s stock valued at $48,956,000 after acquiring an additional 231,394 shares during the last quarter. Finally, Symmetry Partners LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 109.6% during the 4th quarter. Symmetry Partners LLC now owns 883,958 shares of the company’s stock valued at $42,404,000 after acquiring an additional 462,143 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.4%

Shares of IMTM stock opened at $53.27 on Thursday. The company has a 50 day moving average price of $51.33 and a 200-day moving average price of $50.17. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $43.64 and a 52 week high of $53.60. The firm has a market capitalization of $3.95 billion, a PE ratio of 17.95 and a beta of 0.81.

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.