Belpointe Asset Management LLC Sells 12,846 Shares of iShares MSCI Intl Momentum Factor ETF $IMTM

Belpointe Asset Management LLC lessened its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 71.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,054 shares of the company’s stock after selling 12,846 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $242,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IMTM. CENTRAL TRUST Co bought a new position in shares of iShares MSCI Intl Momentum Factor ETF in the second quarter worth about $25,000. Allworth Financial LP grew its holdings in iShares MSCI Intl Momentum Factor ETF by 121.8% in the 2nd quarter. Allworth Financial LP now owns 865 shares of the company’s stock valued at $40,000 after buying an additional 475 shares during the last quarter. Farther Finance Advisors LLC increased its position in iShares MSCI Intl Momentum Factor ETF by 959.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock worth $51,000 after buying an additional 1,017 shares during the period. AlphaCore Capital LLC acquired a new position in shares of iShares MSCI Intl Momentum Factor ETF during the second quarter worth approximately $60,000. Finally, CX Institutional bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at approximately $70,000.

iShares MSCI Intl Momentum Factor ETF Trading Down 1.7%

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $50.69 on Monday. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $35.35 and a 1 year high of $51.91. The company’s fifty day simple moving average is $49.04 and its 200-day simple moving average is $47.71. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81.

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.