iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Stake Lowered by Ade LLC

Ade LLC reduced its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 12.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,438 shares of the company’s stock after selling 888 shares during the quarter. Ade LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $241,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IMTM. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,629,698 shares of the company’s stock worth $752,267,000 after buying an additional 740,553 shares during the last quarter. Focus Financial Network Inc. acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter worth approximately $4,975,000. Symmetry Partners LLC bought a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at $4,002,000. Financial Freedom LLC grew its position in iShares MSCI Intl Momentum Factor ETF by 152.2% in the 3rd quarter. Financial Freedom LLC now owns 94,379 shares of the company’s stock worth $3,811,000 after purchasing an additional 56,951 shares during the last quarter. Finally, FMR LLC raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 10.3% during the third quarter. FMR LLC now owns 486,796 shares of the company’s stock valued at $19,657,000 after buying an additional 45,438 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.2 %

IMTM stock opened at $37.80 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.47 and a twelve month high of $41.20. The company has a market cap of $2.04 billion, a PE ratio of 13.86 and a beta of 0.81. The business’s 50-day simple moving average is $38.31 and its 200 day simple moving average is $38.92.

iShares MSCI Intl Momentum Factor ETF 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.