4,815 Shares in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Bought by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC acquired a new stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,815 shares of the company’s stock, valued at approximately $281,000.

A number of other institutional investors have also recently bought and sold shares of JMOM. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan US Momentum Factor ETF by 0.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 94,666 shares of the company’s stock worth $5,408,000 after buying an additional 241 shares during the last quarter. Creative Planning increased its holdings in JPMorgan US Momentum Factor ETF by 6.1% during the third quarter. Creative Planning now owns 4,716 shares of the company’s stock worth $269,000 after buying an additional 272 shares during the last quarter. Palumbo Wealth Management LLC raised its position in JPMorgan US Momentum Factor ETF by 2.7% in the third quarter. Palumbo Wealth Management LLC now owns 11,291 shares of the company’s stock worth $645,000 after acquiring an additional 302 shares during the period. Assetmark Inc. purchased a new position in JPMorgan US Momentum Factor ETF in the third quarter valued at about $32,000. Finally, 17 Capital Partners LLC boosted its stake in JPMorgan US Momentum Factor ETF by 8.6% in the fourth quarter. 17 Capital Partners LLC now owns 8,513 shares of the company’s stock valued at $496,000 after acquiring an additional 677 shares during the last quarter.

JPMorgan US Momentum Factor ETF Stock Down 2.4 %

Shares of JMOM stock opened at $60.33 on Friday. The firm has a market cap of $1.38 billion, a P/E ratio of 27.36 and a beta of 1.05. The company has a 50 day moving average of $60.51 and a 200-day moving average of $58.51. JPMorgan US Momentum Factor ETF has a 12-month low of $49.29 and a 12-month high of $62.61.

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.