28,551 Shares of JPMorgan U.S. Momentum Factor ETF $JMOM Acquired by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC purchased a new stake in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 28,551 shares of the company’s stock, valued at approximately $2,380,000. Lodestar Private Asset Management LLC owned about 0.09% of JPMorgan U.S. Momentum Factor ETF at the end of the most recent quarter.

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

JPMorgan U.S. Momentum Factor ETF Stock Performance

Shares of NYSEARCA:JMOM opened at $81.71 on Wednesday. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of 27.64 and a beta of 1.06. JPMorgan U.S. Momentum Factor ETF has a 1-year low of $64.82 and a 1-year high of $86.07. The company has a 50 day moving average price of $82.80 and a 200 day moving average price of $77.86.

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.