Columbus Macro LLC Sells 1,204 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Columbus Macro LLC decreased its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 68,199 shares of the company’s stock after selling 1,204 shares during the period. Columbus Macro LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $2,724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 19,516,508 shares of the company’s stock valued at $729,917,000 after acquiring an additional 1,037,037 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI Intl Momentum Factor ETF by 5.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,664,249 shares of the company’s stock worth $735,443,000 after purchasing an additional 1,034,551 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at approximately $16,909,000. Ritholtz Wealth Management lifted its position in iShares MSCI Intl Momentum Factor ETF by 32.1% during the first quarter. Ritholtz Wealth Management now owns 1,199,058 shares of the company’s stock valued at $47,890,000 after purchasing an additional 291,685 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF by 89.1% during the fourth quarter. Ameriprise Financial Inc. now owns 615,455 shares of the company’s stock valued at $23,019,000 after purchasing an additional 290,037 shares during the last quarter.

iShares MSCI Intl Momentum Factor ETF Price Performance

Shares of NYSEARCA:IMTM opened at $44.86 on Monday. The company’s fifty day moving average price is $42.67 and its 200-day moving average price is $40.40. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 18.74 and a beta of 0.79. iShares MSCI Intl Momentum Factor ETF has a one year low of $34.65 and a one year high of $45.58.

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.