JPMorgan U.S. Momentum Factor ETF $JMOM Stock Purchased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC boosted its stake in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 58.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 69,968 shares of the company’s stock after acquiring an additional 25,762 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $5,832,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of JMOM. IFP Advisors Inc boosted 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 valued at $94,000 after buying an additional 352 shares during the period. Root Financial Partners LLC purchased a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the third quarter worth approximately $106,000. Fifth Third Bancorp increased its stake in shares of 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 worth $131,000 after buying an additional 1,125 shares during the period. Acropolis Investment Management LLC purchased a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the third quarter worth approximately $163,000. Finally, First Heartland Consultants Inc. acquired a new stake in JPMorgan U.S. Momentum Factor ETF in the third quarter valued at approximately $213,000.

JPMorgan U.S. Momentum Factor ETF Stock Down 0.3%

Shares of NYSEARCA:JMOM opened at $79.40 on Friday. JPMorgan U.S. Momentum Factor ETF has a fifty-two week low of $64.82 and a fifty-two week high of $86.07. The firm’s 50 day moving average price is $82.93 and its 200 day moving average price is $81.25. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 27.64 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.