JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Shares Sold by Strategic Financial Services Inc.

Strategic Financial Services Inc. decreased its stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,787 shares of the company’s stock after selling 1,159 shares during the quarter. Strategic Financial Services Inc. owned approximately 0.22% of JPMorgan US Momentum Factor ETF worth $2,202,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. purchased a new position in shares of JPMorgan US Momentum Factor ETF in the third quarter worth about $32,000. AWM Capital LLC purchased a new position in shares of JPMorgan US Momentum Factor ETF in the fourth quarter worth about $201,000. VisionPoint Advisory Group LLC purchased a new position in shares of JPMorgan US Momentum Factor ETF in the fourth quarter worth about $281,000. Johnson Investment Counsel Inc. purchased a new position in shares of JPMorgan US Momentum Factor ETF in the fourth quarter worth about $309,000. Finally, Integrated Wealth Concepts LLC purchased a new position in JPMorgan US Momentum Factor ETF during the third quarter worth about $335,000.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JMOM stock opened at $57.34 on Thursday. The firm’s 50-day moving average is $59.98 and its two-hundred day moving average is $58.99. JPMorgan US Momentum Factor ETF has a 12 month low of $49.29 and a 12 month high of $62.61. The company has a market capitalization of $1.30 billion, a PE ratio of 25.73 and a beta of 1.05.

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.