6,457 Shares in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Purchased by Oxford Financial Group LTD. LLC

Oxford Financial Group LTD. LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 6,457 shares of the company’s stock, valued at approximately $376,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JMOM. HighTower Advisors LLC raised its stake in shares of JPMorgan US Momentum Factor ETF by 4.5% in the 3rd quarter. HighTower Advisors LLC now owns 58,313 shares of the company’s stock worth $3,330,000 after buying an additional 2,500 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in JPMorgan US Momentum Factor ETF during the third quarter worth about $335,000. Delos Wealth Advisors LLC raised its position in JPMorgan US Momentum Factor ETF by 7.4% in the third quarter. Delos Wealth Advisors LLC now owns 42,092 shares of the company’s stock worth $2,405,000 after acquiring an additional 2,887 shares in the last quarter. World Investment Advisors LLC acquired a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $401,000. Finally, Synovus Financial Corp boosted its position in shares of JPMorgan US Momentum Factor ETF by 118.8% during the 3rd quarter. Synovus Financial Corp now owns 24,978 shares of the company’s stock valued at $1,427,000 after purchasing an additional 13,562 shares in the last quarter.

JPMorgan US Momentum Factor ETF Price Performance

NYSEARCA JMOM opened at $57.14 on Friday. The company has a market capitalization of $1.30 billion, a P/E ratio of 25.73 and a beta of 1.05. JPMorgan US Momentum Factor ETF has a 12 month low of $49.29 and a 12 month high of $62.61. The company’s 50 day simple moving average is $59.92 and its 200 day simple moving average is $58.99.

About JPMorgan US 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.