Goodman Advisory Group LLC Takes Position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Goodman Advisory Group LLC acquired a new stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,106 shares of the company’s stock, valued at approximately $756,000. Goodman Advisory Group LLC owned 0.08% of JPMorgan US Momentum Factor ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan US Momentum Factor ETF by 9.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 8,842,764 shares of the company’s stock valued at $473,961,000 after acquiring an additional 746,608 shares during the period. Blue Trust Inc. boosted its holdings in 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 purchasing an additional 377,171 shares during the period. ARQ Wealth Advisors LLC bought a new stake in JPMorgan US Momentum Factor ETF in the 1st quarter valued at about $8,995,000. Nova R Wealth Inc. grew its position 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 worth $7,634,000 after purchasing an additional 9,887 shares in the last quarter. Finally, Vident Advisory LLC increased its holdings in shares of JPMorgan US Momentum Factor ETF by 7.9% during the first quarter. Vident Advisory LLC now owns 141,147 shares of the company’s stock worth $7,436,000 after purchasing an additional 10,320 shares during the period.

JPMorgan US Momentum Factor ETF Trading Down 0.5 %

NYSEARCA JMOM opened at $56.88 on Friday. The company has a market cap of $981.18 million, a price-to-earnings ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a 1-year low of $39.25 and a 1-year high of $57.45. The company has a 50 day moving average of $54.46 and a 200-day moving average of $53.10.

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.