The iShares MSCI USA Momentum Factor ETF (NYSEArca: MTUM), iShares MSCI USA Size Factor ETF NYSEArca: SIZE) and iShares MSCI USA Value Factor ETF (NYSEArca: VLUE) were launched by BlackRock at the request of the Arizona State Retirement System and each ETF was seeded with $100 million in capital.
Those funds have proven popular on their merits as MTUM has $202.3 million in assets while SIZE has nearly $121 million in AUM. VLUE has nearly $128 million in assets. [Another Look at ETF Industry Growth]
iShares MSCI USA Momentum ETF
ETF Trends editorial team contributed to this post.