JPMorgan Chase & Co. Has $3.42 Million Stock Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

JPMorgan Chase & Co. decreased its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 16.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,499 shares of the company’s stock after selling 13,860 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.10% of iShares MSCI Intl Momentum Factor ETF worth $3,423,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Comerica Bank boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 1.5% in the third quarter. Comerica Bank now owns 14,291 shares of the company’s stock worth $684,000 after purchasing an additional 208 shares in the last quarter. Cerity Partners LLC raised its holdings in iShares MSCI Intl Momentum Factor ETF by 2.2% during the second quarter. Cerity Partners LLC now owns 12,564 shares of the company’s stock valued at $574,000 after buying an additional 265 shares in the last quarter. Sweeney & Michel LLC lifted its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% in the third quarter. Sweeney & Michel LLC now owns 5,261 shares of the company’s stock worth $247,000 after buying an additional 275 shares during the last quarter. Occidental Asset Management LLC lifted its position in shares of iShares MSCI Intl Momentum Factor ETF by 0.3% in the third quarter. Occidental Asset Management LLC now owns 92,038 shares of the company’s stock worth $4,407,000 after buying an additional 294 shares during the last quarter. Finally, US Bancorp DE boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 19.1% during the 3rd quarter. US Bancorp DE now owns 2,198 shares of the company’s stock worth $105,000 after acquiring an additional 352 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of NYSEARCA IMTM opened at $48.80 on Friday. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $35.35 and a 52 week high of $53.17. The business’s 50-day simple moving average is $50.16 and its 200-day simple moving average is $48.88. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81.

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.