iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) Announces a Forward Stock Split: What the Notice Says

Sonal Goyal

27 October 2026 05:28 PM AEDT

iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) Announces a Forward Stock Split: What the Notice Says

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) had net assets of about $18.40 billion and a NAV of $294.59 as of Oct 26, 2026.
The fund tracks the MSCI USA Momentum SR Variant Index with an expense ratio of 0.15%.
Its 30-day SEC yield was 0.69%, with quarterly distributions.

The iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) tracks U.S. stocks with relatively high price momentum. As of Oct 26, 2026, it had net assets of about $18.40 billion and a NAV of $294.59 per share.

Index and Investment Approach

The fund follows the MSCI USA Momentum SR Variant Index, a factor-based index that selects stocks by recent price strength. It has traded since Apr 16, 2013 and holds 125 securities.

Portfolio Composition

Semiconductor and technology names lead the top holdings: Advanced Micro Devices (5.78%), Micron Technology (4.89%), Intel (3.76%), Cisco Systems (3.60%) and Johnson & Johnson (3.50%).

Corporate Action Notice

iShares filed on Oct 5, 2026 to issue a forward stock split for the fund. The record date is Nov 3, 2026, the split will take effect after the close of trading on Nov 4, 2026, and shares will begin trading on a split-adjusted basis on Nov 5, 2026.

Yield and Distributions

The fund reported a 30-day SEC yield of 0.69% as of Sep 30, 2026 and a 12-month trailing yield of 0.58%. Distributions are paid quarterly. The most recent distribution was $0.603451 per share, with an ex-date of Sep 15, 2026 and payment on Sep 18, 2026. iShares notes that distribution yield and trailing yield can vary from period to period for reasons such as tax treatment and changes in fund shares outstanding.

Portfolio Characteristics

As of Oct 23, 2026 the portfolio held 125 securities, with a price-to-earnings ratio of 30.73 and a price-to-book ratio of 5.99.

Concentration and Holdings Profile

125 securities were held as of Oct 23, 2026. The five largest positions listed on the fund page totalled about 21.53% of assets, leaving roughly 78.47% across the remaining holdings. That is a moderate level of concentration at the top of the portfolio. iShares notes that holdings are subject to change and that the weights shown are calculated from vendor prices, which may differ from the fund’s own valuation prices.

Fund Details at a Glance

The iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) is an index-based equity fund that began trading on Apr 16, 2013. Its benchmark is the MSCI USA Momentum SR Variant Index, and it pays distributions quarterly. As of Oct 26, 2026 it had 62.45 million shares outstanding and net assets of $18,396,915,596. An annual fee of 0.15% works out to $15 for every $10,000 held, before any brokerage commissions.

Risk Disclosures Noted by iShares

There can be no assurance that performance will be enhanced or risk will be reduced for funds that seek exposure to quantitative investment characteristics, and such exposure may detract from performance in some market environments, perhaps for extended periods. Funds that concentrate investments in specific industries, sectors, markets or asset classes may underperform or be more volatile than other industries, sectors, markets or asset classes and the general securities market. Shares of ETFs are bought and sold at market price rather than NAV and are not individually redeemed from the fund, and brokerage commissions will reduce returns. Investing involves risk, including possible loss of principal.

Costs and Trading Details

The expense ratio is 0.15%. The fund is listed on Cboe BZX with 62.45 million shares outstanding and net assets of $18,396,915,596 as of Oct 26, 2026. The closing price was $294.56 as of Oct 26, 2026, against a NAV of $294.59 on Oct 26, and the premium/discount was -0.02. The 30-day median bid/ask spread was 0.03% and 30-day average volume was 1,013,697 shares.

In Summary

iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) reported net assets of about $18.40 billion and 125 holdings, with its index, fees and distribution schedule as set out above. The quarterly distribution schedule, 0.15% expense ratio and 0.03% median bid/ask spread are the main cost and income details reported for the fund.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.