Ade LLC Lowers Stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Ade LLC lowered its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,326 shares of the company’s stock after selling 540 shares during the quarter. Ade LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $296,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bfsg LLC purchased a new position in iShares MSCI Intl Momentum Factor ETF during the third quarter valued at approximately $26,000. Concourse Financial Group Securities Inc. increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 147.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 1,059 shares of the company’s stock valued at $42,000 after purchasing an additional 631 shares in the last quarter. Glassman Wealth Services acquired a new stake in iShares MSCI Intl Momentum Factor ETF in the 1st quarter valued at $64,000. Beaird Harris Wealth Management LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF during the 2nd quarter worth approximately $97,000. Finally, O Shaughnessy Asset Management LLC raised its stake in iShares MSCI Intl Momentum Factor ETF by 389.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,307 shares of the company’s stock valued at $130,000 after purchasing an additional 2,632 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.3 %

NYSEARCA:IMTM traded down $0.10 during trading hours on Wednesday, hitting $39.34. The company had a trading volume of 59,282 shares, compared to its average volume of 260,716. The company has a market cap of $2.12 billion, a P/E ratio of 13.86 and a beta of 0.81. The company has a 50-day moving average of $39.69 and a 200 day moving average of $39.02. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $30.85 and a 1 year high of $41.20.

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.