Northwestern Mutual Wealth Management Co. Sells 930 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Northwestern Mutual Wealth Management Co. trimmed its stake in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 11.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,917 shares of the company’s stock after selling 930 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan US Momentum Factor ETF were worth $371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan US Momentum Factor ETF by 9.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 8,842,764 shares of the company’s stock valued at $473,961,000 after acquiring an additional 746,608 shares during the last quarter. Blue Trust Inc. raised its position in JPMorgan US Momentum Factor ETF by 13.6% during the 1st quarter. Blue Trust Inc. now owns 3,152,596 shares of the company’s stock valued at $166,079,000 after purchasing an additional 377,171 shares during the last quarter. ARQ Wealth Advisors LLC purchased a new stake in JPMorgan US Momentum Factor ETF in the 1st quarter worth approximately $8,995,000. Nova R Wealth Inc. grew its position in shares of JPMorgan US Momentum Factor ETF by 7.3% in the 1st quarter. Nova R Wealth Inc. now owns 144,911 shares of the company’s stock worth $7,634,000 after buying an additional 9,887 shares during the last quarter. Finally, Vident Advisory LLC increased its stake in shares of JPMorgan US Momentum Factor ETF by 7.9% during the first quarter. Vident Advisory LLC now owns 141,147 shares of the company’s stock valued at $7,436,000 after buying an additional 10,320 shares during the period.

JPMorgan US Momentum Factor ETF Stock Up 0.8 %

Shares of JPMorgan US Momentum Factor ETF stock opened at $57.51 on Wednesday. The company has a market cap of $992.05 million, a PE ratio of 23.45 and a beta of 1.03. The business has a 50 day moving average of $54.96 and a 200 day moving average of $53.37. JPMorgan US Momentum Factor ETF has a 52 week low of $39.25 and a 52 week high of $57.62.

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.