Simplicity Solutions LLC Decreases Stock Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Simplicity Solutions LLC lowered its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 5.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,599 shares of the company’s stock after selling 898 shares during the period. Simplicity Solutions LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $569,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 7.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 14,264,864 shares of the company’s stock worth $449,058,000 after buying an additional 968,982 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 6.6% in the third quarter. Envestnet Asset Management Inc. now owns 13,962,886 shares of the company’s stock valued at $439,552,000 after purchasing an additional 867,571 shares during the last quarter. Jane Street Group LLC grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 277.4% in the fourth quarter. Jane Street Group LLC now owns 1,101,139 shares of the company’s stock valued at $33,948,000 after purchasing an additional 809,343 shares during the last quarter. BlackRock Inc. grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 1.5% in the second quarter. BlackRock Inc. now owns 1,089,099 shares of the company’s stock valued at $36,158,000 after purchasing an additional 16,364 shares during the last quarter. Finally, Ritholtz Wealth Management grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.8% in the fourth quarter. Ritholtz Wealth Management now owns 833,986 shares of the company’s stock valued at $28,597,000 after purchasing an additional 23,009 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

IMTM stock opened at $37.42 on Thursday. The company’s 50 day simple moving average is $37.89 and its 200-day simple moving average is $34.86. The firm has a market capitalization of $1.67 billion, a PE ratio of 11.82 and a beta of 0.78. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $30.38 and a 12 month high of $39.36.

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.