3Chopt Investment Partners LLC Purchases Shares of 10,148 JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

3Chopt Investment Partners LLC acquired a new position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,148 shares of the company’s stock, valued at approximately $544,000. 3Chopt Investment Partners LLC owned approximately 0.06% of JPMorgan US Momentum Factor ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Magnolia Capital Advisors LLC lifted its stake in shares of 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 valued at $4,965,000 after purchasing an additional 1,249 shares during the period. Goodman Advisory Group LLC acquired a new position in shares of JPMorgan US Momentum Factor ETF in the second quarter worth about $756,000. Delos Wealth Advisors LLC raised its position in shares of JPMorgan US Momentum Factor ETF by 11.0% in the second 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 during the period. Signature Estate & Investment Advisors LLC boosted its stake in shares of JPMorgan US Momentum Factor ETF by 1.1% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 87,758 shares of the company’s stock worth $4,704,000 after acquiring an additional 988 shares in the last quarter. Finally, Patten Group Inc. grew its position in shares of JPMorgan US Momentum Factor ETF by 20.1% during the 2nd quarter. Patten Group Inc. now owns 8,558 shares of the company’s stock valued at $459,000 after acquiring an additional 1,431 shares during the period.

JPMorgan US Momentum Factor ETF Stock Up 0.4 %

Shares of JPMorgan US Momentum Factor ETF stock opened at $57.13 on Tuesday. The firm has a market cap of $985.49 million, a PE ratio of 23.45 and a beta of 1.03. The business has a 50-day moving average price of $54.52 and a 200 day moving average price of $53.16. JPMorgan US Momentum Factor ETF has a twelve month low of $39.25 and a twelve month high of $57.45.

About JPMorgan US Momentum Factor ETF

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.