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Financial firms boosted investments in the MTUM ETF, focusing on US stocks with strong price momentum.
Several financial firms increased their holdings in the iShares MSCI USA Momentum Factor ETF (MTUM) in the first quarter of 2025, including Money Concepts Capital Corp and Beacon Financial Planning Inc. MTUM tracks large- and mid-cap US equities based on recent price appreciation and low volatility.
The ETF has a market cap of $17.36 billion and a price-to-earnings ratio of 28.67.
Shares opened at $237.79, with a 52-week range from $168.49 to $239.20.
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Las empresas financieras impulsaron las inversiones en el MTUM ETF, centrándose en las acciones estadounidenses con un fuerte impulso de precios.