Signature Estate & Investment Advisors LLC Decreases Holdings in JPMorgan U.S. Momentum Factor ETF $JMOM

Signature Estate & Investment Advisors LLC lessened its holdings in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 3.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,304 shares of the company’s stock after selling 3,869 shares during the quarter. Signature Estate & Investment Advisors LLC owned about 0.40% of JPMorgan U.S. Momentum Factor ETF worth $5,315,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan U.S. Momentum Factor ETF by 15.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,633,460 shares of the company’s stock worth $655,662,000 after purchasing an additional 1,529,605 shares during the period. Blue Trust Inc. boosted its stake in JPMorgan U.S. Momentum Factor ETF by 3.8% in the 1st quarter. Blue Trust Inc. now owns 4,141,628 shares of the company’s stock worth $233,422,000 after purchasing an additional 153,337 shares during the period. Silver Oak Securities Incorporated purchased a new stake in shares of JPMorgan U.S. Momentum Factor ETF in the first quarter worth about $20,444,000. Integrated Wealth Concepts LLC lifted its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 7.0% in the first quarter. Integrated Wealth Concepts LLC now owns 186,912 shares of the company’s stock worth $10,534,000 after buying an additional 12,275 shares in the last quarter. Finally, Vident Advisory LLC lifted its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 4.3% in the first quarter. Vident Advisory LLC now owns 183,676 shares of the company’s stock worth $10,353,000 after buying an additional 7,565 shares in the last quarter.

JPMorgan U.S. Momentum Factor ETF Trading Up 0.2%

Shares of JPMorgan U.S. Momentum Factor ETF stock opened at $66.09 on Monday. JPMorgan U.S. Momentum Factor ETF has a 12-month low of $48.68 and a 12-month high of $66.45. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 27.64 and a beta of 1.00. The company’s 50-day moving average price is $64.79 and its 200-day moving average price is $60.57.

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.