AdvisorShares Investments LLC Sells 17,232 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

AdvisorShares Investments LLC lessened its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 4.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 333,088 shares of the company’s stock after selling 17,232 shares during the period. iShares MSCI Intl Momentum Factor ETF comprises 2.9% of AdvisorShares Investments LLC’s holdings, making the stock its 6th biggest holding. AdvisorShares Investments LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $15,995,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,855,822 shares of the company’s stock worth $1,096,396,000 after acquiring an additional 1,132,648 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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 purchasing an additional 768,834 shares during the last quarter. Symmetry Partners LLC grew 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 purchasing an additional 462,143 shares during the last quarter. Bank of America Corp DE increased its position in iShares MSCI Intl Momentum Factor ETF by 73.8% during the 3rd quarter. Bank of America Corp DE now owns 629,951 shares of the company’s stock worth $30,162,000 after purchasing an additional 267,422 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in iShares MSCI Intl Momentum Factor ETF by 45.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 840,894 shares of the company’s stock worth $40,256,000 after purchasing an additional 263,146 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA:IMTM opened at $52.52 on Friday. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 17.95 and a beta of 0.80. The firm has a 50 day simple moving average of $52.60 and a 200 day simple moving average of $50.89. iShares MSCI Intl Momentum Factor ETF has a one year low of $44.32 and a one year high of $54.39.

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.