iShares Prime Money Market ETF (PMMF)
ARCA ARCA Primary Summary
PMMF Chart
PMMF: Growth Rebound Calms Growth Mandate Response Forecast
The iShares Prime Money Market ETF (PMMF) eliminates duration risk amid growth rebound considerations and inflation still running hot. However, a growth rebound also makes some credit risk more appealing at the moment at low durations, provided by FLOT which also has a very low duration. Expense ratios are also lower on effectively similar low duration alternatives.
PMMF: New Prime Money Market ETF From iShares
PMMF is a newly launched ETF designed to offer intra-day trading liquidity for money market fund-like investments, adhering to SEC Rule 2a-7. This distinguishes it from traditional money market funds that operate with end-of-day NAV calculations. While aiming for high current income with liquidity and principal stability, PMMF's holdings, which include bank deposits and tri-party repos, introduce some counterparty credit risk, unlike pure T-Bill ETFs.
iShares Prime Money Market ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Bill McVay Red Tortoise LLC | 192 | $19,303.68 | $19,249.92 | -$53.76 | -0.28% |
 Kevin Bresler TD Waterhouse Canada Inc. | 978 | $98,054.65 | $98,073.84 | $19.19 | 0.02% |
 Uptick Partners LLC UPTICK PARTNERS, LLC | 13,042 | $1.31M | $1.31M | -$1,230.15 | -0.09% |
| MA Marie-Andree Alain Federation des caisses Desjardins du Quebec | 47 | $4,719.74 | $4,713.29 | -$6.45 | -0.14% |
| GCS Gene C. Sulzberger Sulzberger Capital Advisors Inc. | 47,629 | $4.78M | $4.78M | -$5,761.56 | -0.12% |
