Cabot Wealth Management Inc. Lowers Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Cabot Wealth Management Inc. lowered its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 2.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 279,797 shares of the company’s stock after selling 6,097 shares during the period. Cabot Wealth Management Inc. owned about 0.52% of iShares MSCI Intl Momentum Factor ETF worth $10,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Stifel Financial Corp boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 4.1% during the third quarter. Stifel Financial Corp now owns 8,242 shares of the company’s stock worth $333,000 after buying an additional 323 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 9.3% during the 3rd quarter. HighTower Advisors LLC now owns 9,453 shares of the company’s stock worth $381,000 after acquiring an additional 807 shares in the last quarter. Archvest Wealth Advisors Inc. grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 637.1% during the 4th quarter. Archvest Wealth Advisors Inc. now owns 149,291 shares of the company’s stock valued at $5,584,000 after acquiring an additional 129,038 shares during the period. Valued Retirements Inc. purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at about $904,000. Finally, Creative Planning increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% in the 3rd quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after purchasing an additional 669 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Trading Down 1.4 %

Shares of IMTM stock opened at $39.98 on Friday. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $34.65 and a 12-month high of $41.20. The business’s 50 day moving average is $38.62 and its two-hundred day moving average is $39.04. The company has a market capitalization of $2.16 billion, a P/E ratio of 13.86 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.