Wealth Enhancement Advisory Services LLC Has $804.53 Million Stake in JPMorgan U.S. Momentum Factor ETF $JMOM

Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,896,007 shares of the company’s stock after purchasing an additional 301,812 shares during the quarter. JPMorgan U.S. Momentum Factor ETF accounts for approximately 1.2% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 10th biggest position. Wealth Enhancement Advisory Services LLC owned about 47.58% of JPMorgan U.S. Momentum Factor ETF worth $804,527,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. West Wealth Group LLC lifted its position in shares of JPMorgan U.S. Momentum Factor ETF by 2.7% during the 3rd quarter. West Wealth Group LLC now owns 98,419 shares of the company’s stock worth $6,666,000 after buying an additional 2,603 shares during the last quarter. Nova R Wealth Inc. raised its stake in JPMorgan U.S. Momentum Factor ETF by 1.6% during the third quarter. Nova R Wealth Inc. now owns 150,468 shares of the company’s stock worth $10,217,000 after acquiring an additional 2,355 shares in the last quarter. Brookwood Investment Group LLC lifted its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 2.8% in the third quarter. Brookwood Investment Group LLC now owns 7,958 shares of the company’s stock worth $540,000 after acquiring an additional 213 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF in the third quarter worth about $1,636,000. Finally, TBH Global Asset Management LLC acquired a new stake in shares of JPMorgan U.S. Momentum Factor ETF in the 3rd quarter valued at approximately $261,000.

JPMorgan U.S. Momentum Factor ETF Trading Up 0.2%

Shares of JPMorgan U.S. Momentum Factor ETF stock opened at $70.58 on Monday. The firm’s 50 day moving average is $68.61 and its 200 day moving average is $67.11. The firm has a market capitalization of $1.83 billion, a PE ratio of 27.64 and a beta of 1.04. JPMorgan U.S. Momentum Factor ETF has a 1 year low of $48.68 and a 1 year high of $70.95.

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.