JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. increased its holdings in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 22.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,916,100 shares of the company’s stock after acquiring an additional 722,378 shares during the period. JPMorgan US Momentum Factor ETF makes up approximately 2.7% of Blue Trust Inc.’s portfolio, making the stock its 13th biggest holding. Blue Trust Inc. owned 22.70% of JPMorgan US Momentum Factor ETF worth $223,727,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JMOM. Assetmark Inc. acquired a new stake in JPMorgan US Momentum Factor ETF in the third quarter valued at $32,000. Good Life Advisors LLC acquired a new stake in JPMorgan US Momentum Factor ETF in the third quarter valued at $204,000. Dynamic Advisor Solutions LLC acquired a new stake in JPMorgan US Momentum Factor ETF in the third quarter valued at $240,000. Creative Planning grew its holdings 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 valued at $269,000 after purchasing an additional 272 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of JPMorgan US Momentum Factor ETF during the third quarter valued at $335,000.

JPMorgan US Momentum Factor ETF Stock Down 0.2 %

JMOM opened at $62.03 on Monday. The firm has a market cap of $1.07 billion, a P/E ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a 52 week low of $47.10 and a 52 week high of $62.26. The business’s fifty day simple moving average is $60.20 and its 200 day simple moving average is $57.44.

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.