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) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,296 shares of the company’s stock, valued at approximately $1,192,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. IFP Advisors Inc lifted its position in shares of JPMorgan U.S. Momentum Factor ETF by 45.4% in the third quarter. IFP Advisors Inc now owns 1,128 shares of the company’s stock worth $94,000 after purchasing an additional 352 shares in the last quarter. Root Financial Partners LLC bought a new position in JPMorgan U.S. Momentum Factor ETF in the third quarter valued at $106,000. Fifth Third Bancorp grew its position in JPMorgan U.S. Momentum Factor ETF by 139.8% in the first quarter. Fifth Third Bancorp now owns 1,930 shares of the company’s stock valued at $131,000 after purchasing an additional 1,125 shares in the last quarter. Acropolis Investment Management LLC acquired a new stake in JPMorgan U.S. Momentum Factor ETF in the 3rd quarter valued at $163,000. Finally, First Heartland Consultants Inc. acquired a new stake in JPMorgan U.S. Momentum Factor ETF in the 3rd quarter valued at $213,000.

JPMorgan U.S. Momentum Factor ETF Stock Performance

Shares of JMOM stock 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.

JPMorgan U.S. Momentum Factor ETF 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.