Apella Capital LLC Has $11.29 Million Stock Holdings 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 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 235,416 shares of the company’s stock after selling 19,570 shares during the quarter. Apella Capital LLC owned approximately 0.32% of iShares MSCI Intl Momentum Factor ETF worth $11,293,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter valued at about $27,000. MAI Capital Management boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 245.1% during the third quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $32,000 after purchasing an additional 478 shares in the last quarter. CX Institutional acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter valued at about $70,000. American Capital Advisory LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 99.9% during the third quarter. American Capital Advisory LLC now owns 1,885 shares of the company’s stock valued at $90,000 after purchasing an additional 942 shares in the last quarter. Finally, US Bancorp DE boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 19.1% during the third quarter. US Bancorp DE now owns 2,198 shares of the company’s stock valued at $105,000 after purchasing an additional 352 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.7%

Shares of NYSEARCA:IMTM opened at $49.12 on Tuesday. The firm has a market cap of $3.64 billion, a P/E ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $35.35 and a 12-month high of $53.17. The business has a fifty day simple moving average of $50.13 and a 200 day simple moving average of $48.90.

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.