iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 98.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,128 shares of the company’s stock after selling 685,724 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $490,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in iShares MSCI Intl Momentum Factor ETF by 205.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 64,046 shares of the company’s stock valued at $2,478,000 after purchasing an additional 43,049 shares during the last quarter. Truist Financial Corp bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the 2nd quarter valued at about $1,391,000. Cetera Investment Advisers raised its stake in iShares MSCI Intl Momentum Factor ETF by 7.9% during the second quarter. Cetera Investment Advisers now owns 159,395 shares of the company’s stock worth $6,167,000 after acquiring an additional 11,738 shares during the period. Ariadne Wealth Management LP bought a new position in iShares MSCI Intl Momentum Factor ETF in the second quarter worth about $905,000. Finally, Lazari Capital Management Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF in the second quarter valued at approximately $503,000.

iShares MSCI Intl Momentum Factor ETF Trading Down 0.1 %

Shares of iShares MSCI Intl Momentum Factor ETF stock opened at $38.94 on Wednesday. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a twelve month low of $34.65 and a twelve month high of $41.20. The business’s 50 day simple moving average is $38.37 and its 200-day simple moving average is $38.88.

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.