In trading on Thursday, shares of the iShares Edge MSCI USA Momentum Factor ETF (Symbol: MTUM) crossed below their 200 day moving average of $75.07, changing hands as low as $74.50 per share. iShares Edge MSCI USA Momentum Factor shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of MTUM shares, versus its 200 day moving average:
Looking at the chart above, MTUM's low point in its 52 week range is $63.92 per share, with $78.78 as the 52 week high point - that compares with a last trade of $74.45.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.