Momentum ETF Gets A Lift From High-Flying Consumer, Tech Stocks
The value factor is all the rage these days, but that does not mean investors should forget about momentum and the iShares MSCI USA Momentum Factor ETF (NYSEArca: MTUM). MTUM tracks large- and mid-cap U.S. stocks with relatively high price momentum. The underlying MSCI USA Momentum Index calculates the ratio of each stock’s price returns…Click to read more at ETFtrends.com.