Columbus Macro LLC Lowers Holdings in iShares MSCI Intl Momentum Factor ETF $IMTM

Columbus Macro LLC trimmed its holdings in iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 1.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 67,301 shares of the company’s stock after selling 898 shares during the period. Columbus Macro LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $3,075,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 959.4% during the second quarter. Farther Finance Advisors LLC now owns 1,123 shares of the company’s stock worth $51,000 after buying an additional 1,017 shares during the period. Comerica Bank boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.5% during the first quarter. Comerica Bank now owns 12,191 shares of the company’s stock worth $487,000 after buying an additional 296 shares during the period. Private Advisor Group LLC purchased a new position in shares of iShares MSCI Intl Momentum Factor ETF during the first quarter worth $712,000. Fifth Third Securities Inc. boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 2.7% during the second quarter. Fifth Third Securities Inc. now owns 50,581 shares of the company’s stock worth $2,311,000 after buying an additional 1,334 shares during the period. Finally, NorthCrest Asset Manangement LLC boosted its position in shares of iShares MSCI Intl Momentum Factor ETF by 69.4% during the first quarter. NorthCrest Asset Manangement LLC now owns 61,588 shares of the company’s stock worth $2,460,000 after buying an additional 25,228 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Up 0.6%

IMTM opened at $48.06 on Thursday. iShares MSCI Intl Momentum Factor ETF has a 52 week low of $35.35 and a 52 week high of $48.25. The business has a fifty day simple moving average of $46.93 and a 200-day simple moving average of $44.40. The firm has a market cap of $3.39 billion, a P/E ratio of 17.95 and a beta of 0.78.

iShares MSCI Intl Momentum Factor ETF 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.