Assetmark Inc. Makes New Investment in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Assetmark Inc. bought a new stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 562 shares of the company’s stock, valued at approximately $32,000.

Other large investors have also bought and sold shares of the company. Good Life Advisors LLC bought a new position in shares of JPMorgan US Momentum Factor ETF in the third quarter worth $204,000. Dynamic Advisor Solutions LLC bought a new position in JPMorgan US Momentum Factor ETF in the third quarter worth about $240,000. Creative Planning grew its stake in 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 purchasing an additional 272 shares during the period. 17 Capital Partners LLC grew its holdings in 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 purchasing an additional 1,119 shares during the period. Finally, Patten Group Inc. grew its stake in shares of JPMorgan US Momentum Factor ETF by 20.1% in the 2nd quarter. Patten Group Inc. now owns 8,558 shares of the company’s stock worth $459,000 after buying an additional 1,431 shares during the last quarter.

JPMorgan US Momentum Factor ETF Stock Up 0.5 %

JMOM stock opened at $59.75 on Wednesday. The business has a 50 day moving average of $57.83 and a 200 day moving average of $54.95. JPMorgan US Momentum Factor ETF has a twelve month low of $43.06 and a twelve month high of $61.06. The firm has a market cap of $1.03 billion, a PE 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.