US Bancorp DE Cuts Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

US Bancorp DE trimmed its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 22.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,706 shares of the company’s stock after selling 485 shares during the period. US Bancorp DE’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $69,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IMTM. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI Intl Momentum Factor ETF by 4.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,629,698 shares of the company’s stock valued at $752,267,000 after purchasing an additional 740,553 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 6.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 18,200,688 shares of the company’s stock worth $701,169,000 after acquiring an additional 1,151,546 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 5.5% in the second quarter. Envestnet Asset Management Inc. now owns 18,153,075 shares of the company’s stock worth $702,342,000 after acquiring an additional 941,710 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 3.2% in the third quarter. Ritholtz Wealth Management now owns 868,032 shares of the company’s stock valued at $35,051,000 after purchasing an additional 27,150 shares during the last quarter. Finally, Apella Capital LLC grew its stake in iShares MSCI Intl Momentum Factor ETF by 3.8% during the 3rd quarter. Apella Capital LLC now owns 545,994 shares of the company’s stock valued at $21,796,000 after purchasing an additional 20,192 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Down 0.2 %

Shares of IMTM opened at $38.29 on Monday. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. The business’s 50 day moving average is $39.49 and its two-hundred day moving average is $39.12. iShares MSCI Intl Momentum Factor ETF has a 52-week low of $32.68 and a 52-week high of $41.20.

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.