Segment Wealth Management LLC Sells 53,362 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Segment Wealth Management LLC lessened its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 20.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 210,902 shares of the company’s stock after selling 53,362 shares during the quarter. Segment Wealth Management LLC owned about 0.39% of iShares MSCI Intl Momentum Factor ETF worth $7,888,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bfsg LLC purchased a new position in iShares MSCI Intl Momentum Factor ETF in the third quarter worth $26,000. American Capital Advisory LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 3,367.9% in the 3rd quarter. American Capital Advisory LLC now owns 971 shares of the company’s stock worth $39,000 after purchasing an additional 943 shares in the last quarter. Assetmark Inc. bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 3rd quarter valued at about $41,000. Beaird Harris Wealth Management LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the 2nd quarter valued at about $97,000. Finally, Toronto Dominion Bank bought a new stake in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter worth approximately $142,000.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of IMTM opened at $37.80 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $34.47 and a 1 year high of $41.20. The stock has a 50 day simple moving average of $38.31 and a two-hundred day simple moving average of $38.92. The firm has a market cap of $2.04 billion, a P/E ratio of 13.86 and a beta of 0.81.

About iShares MSCI Intl Momentum Factor ETF

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.