JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) is Klaas Financial Asset Advisors LLC’s 8th Largest Position

Klaas Financial Asset Advisors LLC boosted its holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 421,883 shares of the company’s stock after buying an additional 9,717 shares during the quarter. JPMorgan US Momentum Factor ETF accounts for approximately 4.2% of Klaas Financial Asset Advisors LLC’s holdings, making the stock its 8th biggest position. Klaas Financial Asset Advisors LLC owned approximately 2.45% of JPMorgan US Momentum Factor ETF worth $24,102,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. bought a new stake in shares of JPMorgan US Momentum Factor ETF during the 1st quarter valued at about $80,000. Woodmont Investment Counsel LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF during the 1st quarter valued at about $89,000. Cornerstone Wealth Management LLC grew its stake in shares of JPMorgan US Momentum Factor ETF by 4.3% during the 1st quarter. Cornerstone Wealth Management LLC now owns 136,644 shares of the company’s stock valued at $7,198,000 after purchasing an additional 5,621 shares during the period. Private Advisor Group LLC grew its stake in shares of JPMorgan US Momentum Factor ETF by 5.3% during the 1st quarter. Private Advisor Group LLC now owns 9,013 shares of the company’s stock valued at $475,000 after purchasing an additional 450 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of JPMorgan US Momentum Factor ETF by 13.6% during 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.

JPMorgan US Momentum Factor ETF Stock Up 0.2 %

JPMorgan US Momentum Factor ETF stock opened at $57.92 on Friday. The business has a 50-day simple moving average of $56.31 and a two-hundred day simple moving average of $53.85. The company has a market cap of $999.03 million, a P/E ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a 52-week low of $39.25 and a 52-week high of $58.95.

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.