First Heartland Consultants Inc. Sells 9,061 Shares of JPMorgan U.S. Momentum Factor ETF $JMOM

First Heartland Consultants Inc. cut its position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 43.9% during the 2nd quarter, Holdings Channel reports. The firm owned 11,562 shares of the company’s stock after selling 9,061 shares during the quarter. First Heartland Consultants Inc.’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in JPMorgan U.S. Momentum Factor ETF by 2.2% during the 1st quarter. NewEdge Advisors LLC now owns 6,523 shares of the company’s stock valued at $443,000 after purchasing an additional 139 shares during the last quarter. Gallacher Capital Management LLC increased its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 0.9% in the fourth quarter. Gallacher Capital Management LLC now owns 15,717 shares of the company’s stock valued at $1,071,000 after purchasing an additional 146 shares during the last quarter. Castleview Partners LLC increased its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 3.7% in the first quarter. Castleview Partners LLC now owns 4,960 shares of the company’s stock valued at $337,000 after purchasing an additional 175 shares during the last quarter. Detalus Advisors LLC raised its position in shares of JPMorgan U.S. Momentum Factor ETF by 6.7% in the fourth quarter. Detalus Advisors LLC now owns 3,946 shares of the company’s stock valued at $269,000 after purchasing an additional 248 shares during the period. Finally, Advisory Services Network LLC raised its position in shares of JPMorgan U.S. Momentum Factor ETF by 1.7% in the second quarter. Advisory Services Network LLC now owns 15,124 shares of the company’s stock valued at $979,000 after purchasing an additional 251 shares during the period.

JPMorgan U.S. Momentum Factor ETF Stock Performance

NYSEARCA JMOM opened at $84.27 on Friday. The stock has a market cap of $2.61 billion, a PE ratio of 27.64 and a beta of 1.06. The firm has a 50-day moving average of $82.67 and a 200-day moving average of $76.15. JPMorgan U.S. Momentum Factor ETF has a 52-week low of $64.10 and a 52-week high of $85.64.

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.