AWM Capital LLC Makes New $201,000 Investment in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

AWM Capital LLC acquired a new stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,441 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of JMOM. Assetmark Inc. bought a new stake in shares of JPMorgan US Momentum Factor ETF in the third quarter worth about $32,000. Creative Planning grew its position in shares of JPMorgan US Momentum Factor ETF by 6.1% in the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock worth $269,000 after buying an additional 272 shares during the last quarter. VisionPoint Advisory Group LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF in the 4th quarter worth approximately $281,000. Integrated Wealth Concepts LLC purchased a new position in shares of JPMorgan US Momentum Factor ETF during the third quarter valued at about $335,000. Finally, Dynamic Advisor Solutions LLC raised its stake in JPMorgan US Momentum Factor ETF by 47.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 6,175 shares of the company’s stock worth $360,000 after buying an additional 1,975 shares in the last quarter.

JPMorgan US Momentum Factor ETF Stock Performance

JPMorgan US Momentum Factor ETF stock opened at $60.04 on Thursday. JPMorgan US Momentum Factor ETF has a fifty-two week low of $49.29 and a fifty-two week high of $62.61. The stock’s 50 day simple moving average is $60.50 and its two-hundred day simple moving average is $58.73. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 27.36 and a beta of 1.05.

About JPMorgan US 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.