Empire Life Investments Inc. Trims Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Empire Life Investments Inc. reduced its stake in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 39.9% in the fourth quarter, Holdings Channel reports. The firm owned 70,900 shares of the company’s stock after selling 47,000 shares during the period. Empire Life Investments Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $3,401,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at approximately $27,000. MAI Capital Management grew its position in shares of iShares MSCI Intl Momentum Factor ETF by 245.1% during the 3rd quarter. MAI Capital Management now owns 673 shares of the company’s stock worth $32,000 after buying an additional 478 shares in the last quarter. CWM LLC increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 872.9% during the fourth quarter. CWM LLC now owns 827 shares of the company’s stock valued at $40,000 after buying an additional 742 shares during the period. CX Institutional bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at about $70,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 368.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,640 shares of the company’s stock valued at $79,000 after acquiring an additional 1,290 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $52.78 on Wednesday. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. The firm’s 50-day moving average is $50.11 and its two-hundred day moving average is $49.62. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $42.67 and a 1 year high of $53.21.

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.