C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Sells 243 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors reduced its position in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 4.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,795 shares of the company’s stock after selling 243 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in JPMorgan US Momentum Factor ETF were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 5T Wealth LLC bought a new stake in JPMorgan US Momentum Factor ETF during the 4th quarter worth about $567,000. Palumbo Wealth Management LLC grew its position in shares of JPMorgan US Momentum Factor ETF by 9.6% during the 4th quarter. Palumbo Wealth Management LLC now owns 12,373 shares of the company’s stock worth $721,000 after buying an additional 1,082 shares during the period. Blue Trust Inc. grew its position in shares of JPMorgan US Momentum Factor ETF by 24.9% during the 4th quarter. Blue Trust Inc. now owns 3,988,291 shares of the company’s stock worth $232,398,000 after buying an additional 794,569 shares during the period. 17 Capital Partners LLC grew its position in shares of JPMorgan US Momentum Factor ETF by 8.6% during the 4th quarter. 17 Capital Partners LLC now owns 8,513 shares of the company’s stock worth $496,000 after buying an additional 677 shares during the period. Finally, Fifth Third Securities Inc. grew its position in shares of JPMorgan US Momentum Factor ETF by 4.1% during the 4th quarter. Fifth Third Securities Inc. now owns 47,758 shares of the company’s stock worth $2,783,000 after buying an additional 1,867 shares during the period.

JPMorgan US Momentum Factor ETF Trading Down 1.1 %

JPMorgan US Momentum Factor ETF stock opened at $61.82 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 27.36 and a beta of 1.05. JPMorgan US Momentum Factor ETF has a 1 year low of $48.69 and a 1 year high of $62.61. The business has a 50-day moving average of $60.52 and a 200-day moving average of $58.45.

JPMorgan US Momentum Factor ETF 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.