iShares MSCI Intl Momentum Factor ETF $IMTM Stake Lessened by Apella Capital LLC

Apella Capital LLC lowered its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 5.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 221,970 shares of the company’s stock after selling 13,446 shares during the period. Apella Capital LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $11,722,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 28.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 900 shares of the company’s stock worth $43,000 after acquiring an additional 198 shares in the last quarter. Comerica Bank grew its stake in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% in the 3rd quarter. Comerica Bank now owns 14,291 shares of the company’s stock worth $684,000 after purchasing an additional 208 shares during the last quarter. WealthCare Investment Partners LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% in the 4th quarter. WealthCare Investment Partners LLC now owns 6,270 shares of the company’s stock worth $305,000 after purchasing an additional 218 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 1.1% in the 4th quarter. Kestra Advisory Services LLC now owns 22,398 shares of the company’s stock worth $1,074,000 after purchasing an additional 243 shares in the last quarter. Finally, Cerity Partners LLC lifted 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 purchasing an additional 265 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

IMTM stock opened at $52.25 on Thursday. The firm has a market cap of $3.88 billion, a PE ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $44.32 and a 12 month high of $54.39. The firm has a 50 day simple moving average of $52.52 and a 200 day simple moving average of $50.72.

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.