Apella Capital LLC Lowers Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Apella Capital LLC trimmed its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 13.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 254,986 shares of the company’s stock after selling 40,675 shares during the quarter. Apella Capital LLC owned 0.36% of iShares MSCI Intl Momentum Factor ETF worth $12,109,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Symmetry Partners LLC increased its position in iShares MSCI Intl Momentum Factor ETF by 8.3% during the 3rd quarter. Symmetry Partners LLC now owns 421,815 shares of the company’s stock worth $20,196,000 after purchasing an additional 32,496 shares during the period. Arlington Financial Advisors LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at approximately $431,000. Focus Financial Network Inc. boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 94.4% in the third quarter. Focus Financial Network Inc. now owns 242,912 shares of the company’s stock valued at $11,631,000 after buying an additional 117,927 shares in the last quarter. Acropolis Investment Management LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 4.6% during the third quarter. Acropolis Investment Management LLC now owns 629,086 shares of the company’s stock worth $28,743,000 after acquiring an additional 27,607 shares during the period. Finally, Venture Visionary Partners LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 40.8% in the third quarter. Venture Visionary Partners LLC now owns 17,135 shares of the company’s stock worth $820,000 after acquiring an additional 4,967 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

iShares MSCI Intl Momentum Factor ETF stock opened at $48.42 on Friday. The company has a market cap of $3.49 billion, a P/E ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a one year low of $35.35 and a one year high of $49.63. The business has a fifty day moving average of $47.96 and a two-hundred day moving average of $46.83.

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.