Silver Oak Securities Incorporated bought a new stake in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,761 shares of the company’s stock, valued at approximately $1,546,000. Silver Oak Securities Incorporated owned 0.08% of JPMorgan U.S. Momentum Factor ETF as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in JMOM. Federation des caisses Desjardins du Quebec acquired a new stake in JPMorgan U.S. Momentum Factor ETF during the fourth quarter valued at approximately $39,000. Smartleaf Asset Management LLC lifted its position 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 worth $44,000 after buying an additional 529 shares during the period. Kestra Advisory Services LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 4th quarter worth approximately $53,000. National Bank of Canada FI bought a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 3rd quarter worth approximately $98,000. Finally, Thoroughbred Financial Services LLC acquired a new stake in JPMorgan U.S. Momentum Factor ETF in the 4th quarter valued at $200,000.
JPMorgan U.S. Momentum Factor ETF Price Performance
Shares of NYSEARCA:JMOM opened at $83.96 on Friday. The business’s fifty day moving average price is $79.76 and its two-hundred day moving average price is $73.27. JPMorgan U.S. Momentum Factor ETF has a fifty-two week low of $62.91 and a fifty-two week high of $85.09. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 27.64 and a beta of 1.07.
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.
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