Cabot Wealth Management Inc. Decreases Position in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Cabot Wealth Management Inc. reduced its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 279,797 shares of the company’s stock after selling 6,097 shares during the period. Cabot Wealth Management Inc.’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $10,464,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of IMTM. American Capital Advisory LLC boosted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3,367.9% in the third quarter. American Capital Advisory LLC now owns 971 shares of the company’s stock worth $39,000 after acquiring an additional 943 shares during the last quarter. Assetmark Inc. purchased a new position in iShares MSCI Intl Momentum Factor ETF in the 3rd quarter valued at $41,000. Toronto Dominion Bank acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the 3rd quarter worth $142,000. EP Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Intl Momentum Factor ETF during the third quarter worth $153,000. Finally, World Equity Group Inc. acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at about $225,000.

iShares MSCI Intl Momentum Factor ETF Trading Down 1.4 %

NYSEARCA:IMTM opened at $39.98 on Friday. The company has a market cap of $2.16 billion, a P/E 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 company’s 50-day moving average price is $38.62 and its 200-day moving average price is $39.04.

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.