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Financial firms boosted holdings in momentum ETFs, with Intrust Bank and LPL Financial increasing stakes significantly.
In the fourth quarter, Intrust Bank NA increased its shares of the iShares MSCI USA Momentum Factor ETF (MTUM) to 54,651, making it the bank's 18th largest holding.
Meanwhile, LPL Financial LLC boosted its stake in the SPDR S&P 1500 Momentum Tilt ETF (MMTM) by 60.8%, now owning 132,093 shares.
Financial Counselors Inc. also increased its holdings in MTUM by 5.6% to 1,427 shares.
Both ETFs track indexes favoring stocks with strong recent price gains.
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Las empresas financieras aumentaron sus participaciones en ETF de impulso, con Intrust Bank y LPL Financial aumentando significativamente sus participaciones.