Fifth Third Securities Inc. Boosts Stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Fifth Third Securities Inc. lifted its holdings in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,758 shares of the company’s stock after purchasing an additional 1,867 shares during the quarter. Fifth Third Securities Inc.’s holdings in JPMorgan US Momentum Factor ETF were worth $2,783,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Foundations Investment Advisors LLC acquired a new position in JPMorgan US Momentum Factor ETF in the fourth quarter valued at about $2,008,000. West Wealth Group LLC purchased a new stake in shares of JPMorgan US Momentum Factor ETF in the 4th quarter valued at approximately $4,951,000. Klaas Financial Asset Advisors LLC lifted its holdings in shares of JPMorgan US Momentum Factor ETF by 0.5% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 423,844 shares of the company’s stock worth $24,697,000 after acquiring an additional 1,961 shares during the last quarter. Blue Trust Inc. boosted its position in shares of JPMorgan US Momentum Factor ETF by 22.6% during the 4th quarter. Blue Trust Inc. now owns 3,916,100 shares of the company’s stock worth $223,727,000 after purchasing an additional 722,378 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its holdings in JPMorgan US Momentum Factor ETF by 47.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,175 shares of the company’s stock valued at $360,000 after purchasing an additional 1,975 shares during the last quarter.

JPMorgan US Momentum Factor ETF Stock Up 1.4 %

NYSEARCA:JMOM opened at $61.76 on Friday. JPMorgan US Momentum Factor ETF has a 52 week low of $47.13 and a 52 week high of $62.26. The stock’s fifty day moving average is $60.29 and its two-hundred day moving average is $57.58. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03.

JPMorgan US Momentum Factor ETF Company 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.