Creative Planning Has $269,000 Holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Creative Planning increased its position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 6.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,716 shares of the company’s stock after purchasing an additional 272 shares during the period. Creative Planning’s holdings in JPMorgan US Momentum Factor ETF were worth $269,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in JPMorgan US Momentum Factor ETF by 5.9% in the 2nd quarter. Cetera Investment Advisers now owns 39,646 shares of the company’s stock worth $2,125,000 after buying an additional 2,194 shares in the last quarter. Delos Wealth Advisors LLC raised its holdings in shares of JPMorgan US Momentum Factor ETF by 11.0% during 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 in the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in JPMorgan US Momentum Factor ETF during the third quarter valued at $240,000. Goodman Advisory Group LLC purchased a new position in JPMorgan US Momentum Factor ETF in the second quarter valued at about $756,000. Finally, Magnolia Capital Advisors LLC increased its position 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.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JPMorgan US Momentum Factor ETF stock opened at $60.80 on Friday. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03. The stock has a 50-day simple moving average of $57.00 and a 200-day simple moving average of $54.45. JPMorgan US Momentum Factor ETF has a 52-week low of $41.41 and a 52-week high of $60.94.

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.