An Ill-Timed Move For a Momentum ETF
June 02, 2019 at 11:00 AM EDT
Earlier this year, the iShares MSCI USA Momentum Factor ETF (Cboe: MTUM), one of the largest exchange traded funds dedicated to the momentum factor, pivoted away from growth sectors, boosting allocations to more defensive groups. More recently, MTUM boosted its allocation to technology stocks, just...