MTUM Surges Past Key Moving Average with Bullish Momentum

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iShares MSCI USA Momentum Factor ETF Hits Key 200-Day Average

On Thursday, shares of the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) crossed above their 200-day moving average, set at $204.74. During trading, shares peaked at $205.30, reflecting a daily increase of about 2.2%. The performance chart below illustrates the one-year activity of MTUM relative to its 200-day moving average:

iShares MSCI USA Momentum Factor 200 Day Moving Average Chart

Reviewing the data, MTUM has a 52-week low of $168.49 per share and a high of $229.77. The most recent trade price stands at $204.47, situated well within its trading range.

Click here to learn about nine other ETFs that recently crossed above their 200-day moving average.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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