JPMorgan Chase & Co. Has $5.41 Million Holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

JPMorgan Chase & Co. increased its holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,666 shares of the company’s stock after purchasing an additional 241 shares during the period. JPMorgan Chase & Co. owned approximately 0.55% of JPMorgan US Momentum Factor ETF worth $5,408,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Delos Wealth Advisors LLC boosted its stake in shares of JPMorgan US Momentum Factor ETF by 11.0% during the 2nd quarter. Delos Wealth Advisors LLC now owns 39,205 shares of the company’s stock worth $2,101,000 after acquiring an additional 3,896 shares in the last quarter. Goodman Advisory Group LLC acquired a new stake in JPMorgan US Momentum Factor ETF in the 2nd quarter worth approximately $756,000. Magnolia Capital Advisors LLC lifted its holdings in JPMorgan US Momentum Factor ETF by 1.4% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 92,629 shares of the company’s stock worth $4,965,000 after purchasing an additional 1,249 shares during the last quarter. 3Chopt Investment Partners LLC bought a new stake in JPMorgan US Momentum Factor ETF during the second quarter worth approximately $544,000. Finally, Cetera Investment Advisers grew its holdings in JPMorgan US Momentum Factor ETF by 5.9% during the second quarter. Cetera Investment Advisers now owns 39,646 shares of the company’s stock valued at $2,125,000 after purchasing an additional 2,194 shares during the last quarter.

JPMorgan US Momentum Factor ETF Stock Up 0.5 %

NYSEARCA:JMOM opened at $60.21 on Friday. The company’s 50 day moving average is $60.06 and its 200-day moving average is $57.06. JPMorgan US Momentum Factor ETF has a 12 month low of $45.48 and a 12 month high of $62.20. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03.

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.