Sunbelt Securities Inc. Invests $80,000 in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Sunbelt Securities Inc. acquired a new stake in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,514 shares of the company’s stock, valued at approximately $80,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of JPMorgan US Momentum Factor ETF by 160.8% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,103 shares of the company’s stock valued at $50,000 after purchasing an additional 680 shares during the last quarter. Arlington Trust Co LLC acquired a new stake in JPMorgan US Momentum Factor ETF in the fourth quarter worth $75,000. Quent Capital LLC bought a new stake in JPMorgan US Momentum Factor ETF in the fourth quarter valued at $145,000. Palumbo Wealth Management LLC bought a new position in shares of JPMorgan US Momentum Factor ETF during the fourth quarter worth about $210,000. Finally, Westover Capital Advisors LLC acquired a new stake in shares of JPMorgan US Momentum Factor ETF in the 4th quarter worth about $239,000.

JPMorgan US Momentum Factor ETF Stock Down 0.1 %

Shares of NYSEARCA:JMOM opened at $53.60 on Friday. The company’s 50-day moving average price is $52.19 and its 200 day moving average price is $50.10. The company has a market cap of $924.58 million, a PE ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a fifty-two week low of $39.25 and a fifty-two week high of $54.10.

JPMorgan US Momentum Factor ETF Company Profile

The JPMorgan U.S. Momentum Factor ETF (JMOM) is an exchange-traded fund that is based on the JP Morgan US Momentum Factor index. The fund tracks an index of US large-cap companies with strong momentum, weighted by optimized market-cap. JMOM was launched on Nov 8, 2017 and is managed by JPMorgan Chase.