West Wealth Group LLC grew its stake in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM – Free Report) by 7.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 106,130 shares of the company’s stock after acquiring an additional 7,711 shares during the period. JPMorgan U.S. Momentum Factor ETF comprises about 1.5% of West Wealth Group LLC’s portfolio, making the stock its 15th largest holding. West Wealth Group LLC owned 0.41% of JPMorgan U.S. Momentum Factor ETF worth $7,233,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently modified their holdings of the company. Hazlett Burt & Watson Inc. acquired a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the 3rd quarter valued at $44,000. Smartleaf Asset Management LLC raised its stake in JPMorgan U.S. Momentum Factor ETF by 334.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 687 shares of the company’s stock valued at $44,000 after purchasing an additional 529 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in JPMorgan U.S. Momentum Factor ETF during the 3rd quarter valued at $51,000. Fifth Third Bancorp acquired a new stake in JPMorgan U.S. Momentum Factor ETF during the 3rd quarter valued at $55,000. Finally, Root Financial Partners LLC acquired a new stake in JPMorgan U.S. Momentum Factor ETF during the 3rd quarter valued at $87,000.
JPMorgan U.S. Momentum Factor ETF Stock Up 0.4%
Shares of NYSEARCA:JMOM opened at $73.94 on Friday. JPMorgan U.S. Momentum Factor ETF has a 12-month low of $51.93 and a 12-month high of $74.08. The company’s fifty day moving average is $70.12 and its two-hundred day moving average is $69.16. The company has a market cap of $2.09 billion, a P/E ratio of 27.64 and a beta of 1.05.
JPMorgan U.S. 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.
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