MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Investors Place Record Bet that Market Winners Will Keep Winning

TedTed
in The Bullpen
FYI: As U.S. stocks roar into the new year, investors are betting the highest fliers will add more fuel to the overheating market.

Over the five days through Friday, investors added $474 million to the iShares Edge MSCI USA Momentum Factor ETF, or MTUM, the largest sum since the funds inception in 2013, data compiled by Bloomberg show. Previously the weekly inflow record was $221 million -- which MTUM had absorbed just the week before.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-01-16/frothy-get-frothier-in-record-bet-on-blackrock-momentum-etf?srnd=etfcenter

M* Snapshot MTUM:
http://www.morningstar.com/etfs/BATS/MTUM/quote.html

Lipper Snapshot MTUM:
https://www.marketwatch.com/investing/fund/mtum

MTUM Is Ranked #12 In The (LCG) ETF Category By U.S. News & World Report:
https://money.usnews.com/funds/etfs/large-growth/ishares-edge-msci-usa-momentum-fctr-etf/mtum
Sign In or Register to comment.