iShares MSCI Intl Momentum Factor ETF $IMTM Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. trimmed its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 81.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 4,475 shares of the company’s stock after selling 19,508 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $214,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Simplicity Wealth LLC raised its stake in iShares MSCI Intl Momentum Factor ETF by 95.3% during the 3rd quarter. Simplicity Wealth LLC now owns 37,539 shares of the company’s stock valued at $1,797,000 after acquiring an additional 18,316 shares during the last quarter. NorthCrest Asset Manangement LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 7.5% in the third quarter. NorthCrest Asset Manangement LLC now owns 68,856 shares of the company’s stock valued at $3,288,000 after purchasing an additional 4,794 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock valued at $911,869,000 after purchasing an additional 810,082 shares during the period. Archvest Wealth Advisors Inc. raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.4% during the third quarter. Archvest Wealth Advisors Inc. now owns 177,922 shares of the company’s stock worth $8,519,000 after purchasing an additional 5,883 shares during the last quarter. Finally, Occidental Asset Management LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 0.3% during the third quarter. Occidental Asset Management LLC now owns 92,038 shares of the company’s stock worth $4,407,000 after purchasing an additional 294 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of IMTM opened at $51.31 on Wednesday. The stock has a market capitalization of $3.79 billion, a P/E ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $35.35 and a 1 year high of $51.91. The company’s fifty day moving average is $49.20 and its two-hundred day moving average is $47.79.

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.