Commonwealth Equity Services LLC Sells 3,501 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Commonwealth Equity Services LLC lessened its position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 9.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,649 shares of the company’s stock after selling 3,501 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $1,263,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 17,889,145 shares of the company’s stock worth $692,131,000 after purchasing an additional 735,341 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares MSCI Intl Momentum Factor ETF by 4.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,604,950 shares of the company’s stock worth $500,804,000 after buying an additional 642,064 shares during the last quarter. Adroit Compliance LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the fourth quarter worth approximately $18,523,000. Apella Capital LLC grew its position in iShares MSCI Intl Momentum Factor ETF by 4.1% during the second quarter. Apella Capital LLC now owns 525,802 shares of the company’s stock valued at $20,780,000 after acquiring an additional 20,572 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI Intl Momentum Factor ETF by 8.9% during the first quarter. Janney Montgomery Scott LLC now owns 469,331 shares of the company’s stock worth $18,412,000 after acquiring an additional 38,318 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Stock Performance

IMTM stock opened at $39.27 on Monday. The firm has a market cap of $2.12 billion, a P/E ratio of 13.86 and a beta of 0.81. The firm’s fifty day moving average is $38.90 and its 200 day moving average is $38.72. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $30.38 and a 52 week high of $40.60.

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.