Sequoia Financial Advisors LLC Sells 19,273 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

Sequoia Financial Advisors LLC trimmed its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 8.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 204,800 shares of the company’s stock after selling 19,273 shares during the period. Sequoia Financial Advisors LLC owned about 0.28% of iShares MSCI Intl Momentum Factor ETF worth $9,824,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV boosted its stake in iShares MSCI Intl Momentum Factor ETF by 5.3% in 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 acquiring an additional 1,095,537 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 4.0% in the fourth 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 last quarter. Ritholtz Wealth Management boosted its stake in iShares MSCI Intl Momentum Factor ETF by 3.6% in the fourth 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 last quarter. Symmetry Partners LLC boosted its stake in iShares MSCI Intl Momentum Factor ETF by 109.6% in the fourth 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. Finally, Ameriprise Financial Inc. boosted its stake in iShares MSCI Intl Momentum Factor ETF by 45.5% in the third quarter. Ameriprise Financial Inc. now owns 840,894 shares of the company’s stock valued at $40,256,000 after acquiring an additional 263,146 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 1.8%

IMTM opened at $52.01 on Friday. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. The company’s 50-day moving average price is $50.12 and its two-hundred day moving average price is $49.51. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $42.59 and a twelve month high of $53.21.

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.