Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Shares Down 1.5% – Should You Sell?

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOMGet Free Report)’s share price dropped 1.5% during trading on Thursday . The stock traded as low as $41.23 and last traded at $41.23. 7,790 shares traded hands during trading, a decline of 62% from the average daily volume of 20,528 shares. The stock had previously closed at $41.87.

Alpha Architect International Quantitative Momentum ETF Trading Up 0.7%

The stock has a market capitalization of $159.37 million, a P/E ratio of 23.34 and a beta of 0.95. The company’s 50-day moving average is $42.41 and its two-hundred day moving average is $42.82.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IMOM. Flow Traders U.S. LLC acquired a new position in Alpha Architect International Quantitative Momentum ETF during the 3rd quarter valued at about $777,000. Worth Asset Management LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the 1st quarter worth approximately $403,000. Sankala Group LLC bought a new position in shares of Alpha Architect International Quantitative Momentum ETF in the fourth quarter valued at approximately $353,000. Finally, Baker Boyer National Bank boosted its holdings in shares of Alpha Architect International Quantitative Momentum ETF by 2.4% in the fourth quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock valued at $3,238,000 after acquiring an additional 2,028 shares in the last quarter.

About Alpha Architect International Quantitative Momentum ETF

(Get Free Report)

The Alpha Architect International Quantitative Momentum ETF (IMOM) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-North America stocks, screened for their strong and consistent momentum. IMOM was launched on Dec 23, 2015 and is issued by Alpha Architect.

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