JPMorgan U.S. Momentum Factor ETF $JMOM Position Raised by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. boosted its stake in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 12.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 81,841 shares of the company’s stock after buying an additional 9,139 shares during the period. Wealth Enhancement Trust Services Inc. owned approximately 0.25% of JPMorgan U.S. Momentum Factor ETF worth $6,821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its position in shares of JPMorgan U.S. Momentum Factor ETF by 139.8% during the first quarter. Fifth Third Bancorp now owns 1,930 shares of the company’s stock valued at $131,000 after buying an additional 1,125 shares during the period. Florida Financial Advisors LLC bought a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the 1st quarter worth approximately $209,000. Ameritas Advisory Services LLC bought a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the 2nd quarter worth approximately $377,000. Sanctuary Advisors LLC boosted its holdings in JPMorgan U.S. Momentum Factor ETF by 28.7% during the 1st quarter. Sanctuary Advisors LLC now owns 4,803 shares of the company’s stock valued at $326,000 after acquiring an additional 1,072 shares during the period. Finally, Castleview Partners LLC boosted its holdings in JPMorgan U.S. Momentum Factor ETF by 3.7% during the 1st quarter. Castleview Partners LLC now owns 4,960 shares of the company’s stock valued at $337,000 after acquiring an additional 175 shares during the period.

JPMorgan U.S. Momentum Factor ETF Stock Performance

JPMorgan U.S. Momentum Factor ETF stock traded down $0.77 during mid-day 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. The company has a 50 day moving average of $83.17 and a 200-day moving average of $80.05. JPMorgan U.S. Momentum Factor ETF has a one year low of $64.82 and a one year high of $86.07. The stock has a market cap of $2.81 billion, a PE ratio of 27.64 and a beta of 1.06.

JPMorgan U.S. 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.