Occidental Asset Management LLC Sells 1,252 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

Occidental Asset Management LLC lowered its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,744 shares of the company’s stock after selling 1,252 shares during the period. Occidental Asset Management LLC owned 0.13% of iShares MSCI Intl Momentum Factor ETF worth $4,192,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IMTM. GTS Securities LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at approximately $687,000. Toronto Dominion Bank raised its position in iShares MSCI Intl Momentum Factor ETF by 207.1% in the 4th quarter. Toronto Dominion Bank now owns 10,826 shares of the company’s stock worth $405,000 after purchasing an additional 7,301 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in iShares MSCI Intl Momentum Factor ETF by 131.7% in the 4th quarter. Great Valley Advisor Group Inc. now owns 88,277 shares of the company’s stock worth $3,302,000 after purchasing an additional 50,176 shares during the last quarter. NorthCrest Asset Manangement LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 49.4% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 36,360 shares of the company’s stock worth $1,360,000 after purchasing an additional 12,021 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in iShares MSCI Intl Momentum Factor ETF by 5.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,664,249 shares of the company’s stock worth $735,443,000 after purchasing an additional 1,034,551 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

IMTM stock opened at $47.58 on Tuesday. The company has a 50 day moving average price of $46.32 and a 200 day moving average price of $43.84. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $35.35 and a fifty-two week high of $48.04. The stock has a market capitalization of $3.26 billion, a PE ratio of 17.95 and a beta of 0.78.

iShares MSCI Intl Momentum Factor ETF Company 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.