(PMMF) Prime Money Market - NYSE
ETF Category: Prime Money Market | Exchange: NYSE (USA) | Market Cap: 617m USD | Total Return: 4% in 12m
Avg Turnover: 16.3M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The iShares Prime Money Market ETF (PMMF) pursues its investment objective by investing primarily in U.S. dollar-denominated money market instruments. Under normal market conditions, the fund holds a diversified mix of short-term debt securities, including U.S. government obligations, bank obligations from U.S. and foreign issuers, commercial paper, and repurchase agreements. As a prime money market fund, PMMF is permitted to invest in a broader range of instruments than government or Treasury-only money market funds, which typically focus solely on U.S. government securities. These funds are regulated under Rule 2a-7 of the Investment Company Act of 1940 and generally seek to maintain a stable net asset value (NAV) of $1.00 per share while providing income through short-term interest rates.
- Fed rate cuts pressure money market fund yields
- T-bill ETF competition intensifies for cash allocations
- Risk-off flows inflate AUM during market volatility
As of June 29, 2026, the stock is trading at USD 100.29 with a total of 250,711 shares traded. Over the past week, the price has changed by +0.07%, over one month by +0.30%, over three months by +0.94% and over the past year by +3.96%.
Current recommended Stop Loss: 100.20 (which is 0.1% or 2.3 ATR below the current price).
Prime Money Market has no consensus analysts rating.