Ocean Park Asset Management LLC Decreases Stock Position in iShares MSCI Intl Momentum Factor ETF $IMTM

Ocean Park Asset Management LLC lessened its position in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 38.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 358,247 shares of the company’s stock after selling 226,800 shares during the period. iShares MSCI Intl Momentum Factor ETF accounts for 0.8% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 25th largest position. Ocean Park Asset Management LLC owned about 0.48% of iShares MSCI Intl Momentum Factor ETF worth $17,185,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. MAI Capital Management lifted its holdings in iShares MSCI Intl Momentum Factor ETF by 245.1% during the third quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $32,000 after purchasing an additional 478 shares during the last quarter. CX Institutional bought a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the third quarter valued at approximately $70,000. American Capital Advisory LLC lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 99.9% during the 3rd quarter. American Capital Advisory LLC now owns 1,885 shares of the company’s stock valued at $90,000 after buying an additional 942 shares in the last quarter. US Bancorp DE lifted its stake in shares of iShares MSCI Intl Momentum Factor ETF by 19.1% during the 3rd quarter. US Bancorp DE now owns 2,198 shares of the company’s stock valued at $105,000 after buying an additional 352 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 222.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,927 shares of the company’s stock worth $133,000 after buying an additional 2,018 shares during the period.

iShares MSCI Intl Momentum Factor ETF Stock Performance

iShares MSCI Intl Momentum Factor ETF stock opened at $46.43 on Monday. The firm has a 50 day simple moving average of $50.35 and a 200 day simple moving average of $48.87. iShares MSCI Intl Momentum Factor ETF has a 1-year low of $35.35 and a 1-year high of $53.17. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 17.95 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.