Kathmere Capital Management LLC Has $3.46 Million Stock Position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Kathmere Capital Management LLC lowered its stake in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 0.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 64,620 shares of the company’s stock after selling 562 shares during the period. Kathmere Capital Management LLC owned 0.37% of JPMorgan US Momentum Factor ETF worth $3,464,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in JMOM. Sunbelt Securities Inc. bought a new stake in JPMorgan US Momentum Factor ETF in the first quarter valued at approximately $80,000. Delos Wealth Advisors LLC grew its stake in JPMorgan US Momentum Factor ETF by 11.0% in the 2nd quarter. Delos Wealth Advisors LLC now owns 39,205 shares of the company’s stock valued at $2,101,000 after buying an additional 3,896 shares during the last quarter. Cetera Investment Advisers acquired a new stake in JPMorgan US Momentum Factor ETF during the first quarter worth approximately $1,973,000. Woodmont Investment Counsel LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF during the first quarter worth approximately $89,000. Finally, Great Valley Advisor Group Inc. grew its position in shares of JPMorgan US Momentum Factor ETF by 18.2% in the second quarter. Great Valley Advisor Group Inc. now owns 85,249 shares of the company’s stock valued at $4,569,000 after purchasing an additional 13,096 shares during the last quarter.

JPMorgan US Momentum Factor ETF Trading Down 0.5 %

Shares of NYSEARCA JMOM opened at $56.88 on Friday. The business’s 50 day moving average is $54.46 and its 200-day moving average is $53.10. JPMorgan US Momentum Factor ETF has a 1-year low of $39.25 and a 1-year high of $57.45. The firm has a market cap of $981.18 million, a P/E ratio of 23.45 and a beta of 1.03.

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.