1900 Wealth Management LLC Trims Stock Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

1900 Wealth Management LLC decreased its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 85,495 shares of the company’s stock after selling 844 shares during the quarter. 1900 Wealth Management LLC owned approximately 0.16% of iShares MSCI Intl Momentum Factor ETF worth $3,198,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 4.1% in the 3rd quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock valued at $333,000 after purchasing an additional 323 shares during the period. HighTower Advisors LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 9.3% in the third quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock valued at $381,000 after acquiring an additional 807 shares during the period. Valued Retirements Inc. purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter worth approximately $904,000. Creative Planning grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% during the third quarter. Creative Planning now owns 7,662 shares of the company’s stock worth $309,000 after acquiring an additional 669 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 75.9% in the 3rd quarter. National Bank of Canada FI now owns 68,408 shares of the company’s stock valued at $2,762,000 after acquiring an additional 29,508 shares during the period.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA:IMTM opened at $39.84 on Friday. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $34.65 and a 1-year high of $41.20. The stock has a market cap of $2.15 billion, a P/E ratio of 13.86 and a beta of 0.81. The firm has a fifty day moving average price of $38.46 and a 200 day moving average price of $38.87.

About iShares MSCI Intl Momentum Factor ETF

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.