US Bancorp DE Reduces Holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

US Bancorp DE lowered its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 22.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fifth Third Securities Inc. acquired a new position in iShares MSCI Intl Momentum Factor ETF in the 2nd quarter valued at about $348,000. Apella Capital LLC raised its position in shares of iShares MSCI Intl Momentum Factor ETF by 3.8% in the third quarter. Apella Capital LLC now owns 545,994 shares of the company’s stock valued at $21,796,000 after buying an additional 20,192 shares during the last quarter. Creative Planning lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 9.6% during the third quarter. Creative Planning now owns 7,662 shares of the company’s stock valued at $309,000 after buying an additional 669 shares during the period. Vantage Financial Partners LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the second quarter worth approximately $477,000. Finally, Financial Partners Group Inc grew its stake in iShares MSCI Intl Momentum Factor ETF by 82.0% in the 2nd quarter. Financial Partners Group Inc now owns 23,469 shares of the company’s stock worth $908,000 after acquiring an additional 10,576 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

Shares of IMTM opened at $38.29 on Monday. iShares MSCI Intl Momentum Factor ETF has a fifty-two week low of $32.68 and a fifty-two week high of $41.20. The company has a market capitalization of $2.07 billion, a PE ratio of 13.86 and a beta of 0.81. The stock has a fifty day moving average of $39.49 and a two-hundred day moving average of $39.12.

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.