Cabot Wealth Management Inc. Sells 2,337 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Cabot Wealth Management Inc. cut its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 0.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 285,894 shares of the company’s stock after selling 2,337 shares during the period. Cabot Wealth Management Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $11,544,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IMTM. Mather Group LLC. purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter valued at $29,000. Concourse Financial Group Securities Inc. boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 147.4% during the first quarter. Concourse Financial Group Securities Inc. now owns 1,059 shares of the company’s stock valued at $42,000 after buying an additional 631 shares during the last quarter. Glassman Wealth Services purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter valued at $64,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the second quarter valued at $97,000. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 389.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,307 shares of the company’s stock valued at $130,000 after buying an additional 2,632 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of iShares MSCI Intl Momentum Factor ETF stock traded down $0.28 during trading on Tuesday, hitting $39.85. 135,824 shares of the company’s stock traded hands, compared to its average volume of 262,259. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $30.38 and a 1 year high of $41.20. The stock has a market capitalization of $2.15 billion, a P/E ratio of 13.86 and a beta of 0.81. The business has a 50-day simple moving average of $39.27 and a 200-day simple moving average of $38.93.

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.