Delos Wealth Advisors LLC Acquires 3,896 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Delos Wealth Advisors LLC raised its stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 11.0% in the second quarter, Holdings Channel reports. The fund owned 39,205 shares of the company’s stock after purchasing an additional 3,896 shares during the quarter. JPMorgan US Momentum Factor ETF accounts for approximately 2.0% of Delos Wealth Advisors LLC’s investment portfolio, making the stock its 20th largest holding. Delos Wealth Advisors LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $2,101,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan US Momentum Factor ETF by 9.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,842,764 shares of the company’s stock valued at $473,961,000 after purchasing an additional 746,608 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of JPMorgan US Momentum Factor ETF by 13.6% in the 1st quarter. Blue Trust Inc. now owns 3,152,596 shares of the company’s stock valued at $166,079,000 after acquiring an additional 377,171 shares during the last quarter. ARQ Wealth Advisors LLC bought a new position in shares of JPMorgan US Momentum Factor ETF in the 1st quarter valued at $8,995,000. Nova R Wealth Inc. boosted its holdings in shares of JPMorgan US Momentum Factor ETF by 7.3% during the 1st quarter. Nova R Wealth Inc. now owns 144,911 shares of the company’s stock valued at $7,634,000 after acquiring an additional 9,887 shares in the last quarter. Finally, Vident Advisory LLC grew its position in JPMorgan US Momentum Factor ETF by 7.9% during the 1st quarter. Vident Advisory LLC now owns 141,147 shares of the company’s stock worth $7,436,000 after acquiring an additional 10,320 shares during the last quarter.

JPMorgan US Momentum Factor ETF Trading Down 0.1 %

JPMorgan US Momentum Factor ETF stock opened at $56.60 on Friday. The stock has a 50-day moving average price of $54.21 and a two-hundred day moving average price of $52.93. JPMorgan US Momentum Factor ETF has a 12 month low of $39.25 and a 12 month high of $56.81. The company has a market capitalization of $976.36 million, a PE 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.