9,139 JPMorgan U.S. Momentum Factor ETF $JMOM Shares Purchased by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. boosted its position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 12.6% in the third quarter, HoldingsChannel reports. The fund owned 81,841 shares of the company’s stock after purchasing an additional 9,139 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $6,821,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JMOM. Blue Trust Inc. increased its position in shares of JPMorgan U.S. Momentum Factor ETF by 1.8% during the first quarter. Blue Trust Inc. now owns 4,767,446 shares of the company’s stock worth $323,805,000 after purchasing an additional 83,512 shares in the last quarter. ARQ Wealth Advisors LLC boosted its position in shares of JPMorgan U.S. Momentum Factor ETF by 8.0% in the 1st quarter. ARQ Wealth Advisors LLC now owns 188,864 shares of the company’s stock worth $12,828,000 after purchasing an additional 13,930 shares in the last quarter. Cassia Capital Partners LLC grew its stake in JPMorgan U.S. Momentum Factor ETF by 8.9% during the 1st quarter. Cassia Capital Partners LLC now owns 141,476 shares of the company’s stock worth $9,609,000 after buying an additional 11,610 shares during the last quarter. Corient Private Wealth LLC increased its position in JPMorgan U.S. Momentum Factor ETF by 1,034.4% during the 4th quarter. Corient Private Wealth LLC now owns 118,073 shares of the company’s stock valued at $8,047,000 after buying an additional 107,665 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in JPMorgan U.S. Momentum Factor ETF by 7.3% in the first quarter. Bank of America Corp DE now owns 56,584 shares of the company’s stock valued at $3,843,000 after buying an additional 3,873 shares during the last quarter.

JPMorgan U.S. Momentum Factor ETF Price Performance

NYSEARCA JMOM traded down $0.77 during trading on Wednesday, hitting $85.03. The company’s stock had a trading volume of 123,720 shares, compared to its average volume of 120,388. JPMorgan U.S. Momentum Factor ETF has a fifty-two week low of $64.82 and a fifty-two week high of $86.07. The company has a market cap of $2.81 billion, a PE ratio of 27.64 and a beta of 1.06. The business’s 50 day simple moving average is $83.17 and its 200-day simple moving average is $80.05.

About JPMorgan U.S. 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.