3,563 Shares in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Acquired by Good Life Advisors LLC

Good Life Advisors LLC purchased a new position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,563 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMOM. Sunbelt Securities Inc. bought a new stake in shares of JPMorgan US Momentum Factor ETF in the 1st quarter worth $80,000. Woodmont Investment Counsel LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF in the 1st quarter worth $89,000. Dynamic Advisor Solutions LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF in the third quarter worth $240,000. Creative Planning grew its holdings in shares of JPMorgan US Momentum Factor ETF by 6.1% in the third quarter. Creative Planning now owns 4,716 shares of the company’s stock worth $269,000 after acquiring an additional 272 shares during the period. Finally, 17 Capital Partners LLC grew its holdings in shares of JPMorgan US Momentum Factor ETF by 22.7% in the second quarter. 17 Capital Partners LLC now owns 6,046 shares of the company’s stock worth $324,000 after acquiring an additional 1,119 shares during the period.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JMOM opened at $58.74 on Monday. JPMorgan US Momentum Factor ETF has a one year low of $39.25 and a one year high of $58.95. The firm has a market capitalization of $1.01 billion, a P/E ratio of 23.45 and a beta of 1.03. The business has a fifty day moving average of $55.95 and a 200 day moving average of $53.69.

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.