14,296 Shares in JPMorgan U.S. Momentum Factor ETF $JMOM Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 14,296 shares of the company’s stock, valued at approximately $1,192,000.

Several other institutional investors have also recently made changes to their positions in the stock. Shore Point Advisors LLC raised its stake in shares of JPMorgan U.S. Momentum Factor ETF by 0.6% during the 3rd quarter. Shore Point Advisors LLC now owns 705,841 shares of the company’s stock worth $58,832,000 after purchasing an additional 4,305 shares in the last quarter. ARQ Wealth Advisors LLC grew its stake in shares of JPMorgan U.S. Momentum Factor ETF by 8.0% in the first quarter. ARQ Wealth Advisors LLC now owns 188,864 shares of the company’s stock valued at $12,828,000 after buying an additional 13,930 shares in the last quarter. Wealth Enhancement Trust Services Inc. grew its stake in shares of JPMorgan U.S. Momentum Factor ETF by 12.6% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 81,841 shares of the company’s stock valued at $6,821,000 after buying an additional 9,139 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in JPMorgan U.S. Momentum Factor ETF by 58.3% during the third quarter. Fifth Third Wealth Advisors LLC now owns 69,968 shares of the company’s stock worth $5,832,000 after buying an additional 25,762 shares during the last quarter. Finally, Fifth Third Securities Inc. acquired a new position in JPMorgan U.S. Momentum Factor ETF during the third quarter worth $4,755,000.

JPMorgan U.S. Momentum Factor ETF Stock Performance

NYSEARCA JMOM opened at $75.16 on Monday. The firm’s fifty day moving average price is $82.11 and its two-hundred day moving average price is $78.20. JPMorgan U.S. Momentum Factor ETF has a 1 year low of $64.82 and a 1 year high of $86.07. The firm has a market capitalization of $2.55 billion, a P/E ratio of 24.41 and a beta of 1.06.

About JPMorgan U.S. 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.