Atria Investments Inc purchased a new stake in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 32,099 shares of the company’s stock, valued at approximately $2,180,000.
A number of other institutional investors have also made changes to their positions in JMOM. Hazlett Burt & Watson Inc. acquired a new stake in JPMorgan U.S. Momentum Factor ETF during the 3rd quarter worth $44,000. Smartleaf Asset Management LLC lifted its holdings in shares of 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 in the last quarter. Root Financial Partners LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 3rd quarter worth approximately $87,000. MGO One Seven LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF in the 2nd quarter valued at about $224,000. Finally, HBK Sorce Advisory LLC acquired a new position in JPMorgan U.S. Momentum Factor ETF during the third quarter worth approximately $262,000.
JPMorgan U.S. Momentum Factor ETF Stock Down 0.1%
Shares of JMOM stock opened at $70.43 on Wednesday. The firm has a 50 day moving average price of $69.71 and a two-hundred day moving average price of $68.02. The company has a market capitalization of $1.93 billion, a PE ratio of 27.64 and a beta of 1.04. JPMorgan U.S. Momentum Factor ETF has a 12-month low of $48.68 and a 12-month high of $71.65.
JPMorgan U.S. 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.
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