🟢 iShares MSCI USA Momentum Factor ETF is trading 2.2% up today as tech futures rebound after the Fed's hawkish guidance

iShares MSCI USA Momentum Factor ETF is trading 2.2% up as information technology futures rebound following the Federal Reserve’s June 17 rate decision and hawkish guidance.

• The ETF is responding to a modest bounce in mega-cap tech and semiconductor names in after-hours trading as investors recalibrate positioning after the FOMC meeting.
• With nearly half of its holdings concentrated in the information technology sector, the fund is recovering from initial pressure placed on growth stocks during the regular session.