Wealth Enhancement Advisory Services LLC Has $549.57 Million Stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 0.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 9,619,652 shares of the company’s stock after buying an additional 433 shares during the period. JPMorgan US Momentum Factor ETF makes up 1.1% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 12th largest holding. Wealth Enhancement Advisory Services LLC owned 55.77% of JPMorgan US Momentum Factor ETF worth $549,571,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its holdings in shares of JPMorgan US Momentum Factor ETF by 1.7% during the third quarter. Blue Trust Inc. now owns 3,193,722 shares of the company’s stock worth $171,179,000 after buying an additional 53,566 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in JPMorgan US Momentum Factor ETF by 25.7% in the third quarter. Signature Estate & Investment Advisors LLC now owns 110,279 shares of the company’s stock valued at $6,300,000 after buying an additional 22,521 shares in the last quarter. Goodman Advisory Group LLC bought a new position in JPMorgan US Momentum Factor ETF in the 2nd quarter valued at approximately $756,000. Synovus Financial Corp lifted its stake in shares of JPMorgan US Momentum Factor ETF by 118.8% in the 3rd quarter. Synovus Financial Corp now owns 24,978 shares of the company’s stock valued at $1,427,000 after acquiring an additional 13,562 shares during the last quarter. Finally, Brightwater Advisory LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF during the second quarter worth about $705,000.

JPMorgan US Momentum Factor ETF Trading Down 1.5 %

NYSEARCA:JMOM traded down $0.87 during trading hours on Friday, hitting $58.32. 3,812 shares of the company were exchanged, compared to its average volume of 68,118. JPMorgan US Momentum Factor ETF has a one year low of $45.47 and a one year high of $62.20. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03. The company has a fifty day simple moving average of $59.97 and a 200 day simple moving average of $56.88.

About JPMorgan US 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.