For investors looking for momentum, iShares 0-3 Month Treasury Bond ETF SGOV is probably a suitable pick. The fund just hit a 52-week high of \/SHARE"}==!> from its 52-week low price of \/SHARE"}==!>.Let’s take a look at the fund and its near-term outlook to gain an insight into where it might be headed:SGOV in FocusThe iShares 0-3 Month Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities less than or equal to three months. It has AUM of $790.2 million and charges 3 basis points in annual fees.Why the Move?Wall Street had a tough time on the last trading day of the holiday-shortened week. The slowdown in the market momentum has been brought about by the new omicron strain of coronavirus. The variant was first detected in South Africaand has numerous mutations (more than 30) to the spike protein (as stated in a CNBC article). The coronavirus outbreak is aggravating in some parts of Europe largely due to the cold weather conditions. Various measures are being taken to curtail the spread which can again impact the economic recovery achieved so far from the pandemic-led slump. This is making funds like SGOV an impressive investment option.More Gains Ahead?The fund carries a Zacks Rank #3 (Hold). It seems like the fund might remain strong going forward. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares 03 Month Treasury Bond ETF (SGOV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research