iShares MSCI Intl Momentum Factor ETF $IMTM Shares Sold by Savvy Advisors Inc.

Savvy Advisors Inc. cut its stake in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 51.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,865 shares of the company’s stock after selling 67,084 shares during the period. Savvy Advisors Inc. owned about 0.09% of iShares MSCI Intl Momentum Factor ETF worth $3,064,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IMTM. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at about $2,985,000. Acropolis Investment Management LLC grew its position in shares of 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 buying an additional 27,607 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 25.7% during the third quarter. Commonwealth Equity Services LLC now owns 140,697 shares of the company’s stock worth $6,737,000 after buying an additional 28,777 shares during the period. Financial Partners Group Inc increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 33.9% during the third quarter. Financial Partners Group Inc now owns 125,402 shares of the company’s stock worth $6,004,000 after buying an additional 31,758 shares during the period. Finally, Compound Planning Inc. acquired a new stake in iShares MSCI Intl Momentum Factor ETF in the third quarter valued at approximately $495,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $48.80 on Monday. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $35.35 and a 52-week high of $53.17. The company has a 50 day moving average of $50.16 and a 200 day moving average of $48.89. The company has a market capitalization of $3.62 billion, a P/E ratio of 17.95 and a beta of 0.81.

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.