Larson Financial Group LLC Purchases Shares of 10,416 JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM)

Larson Financial Group LLC bought a new position in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,416 shares of the company’s stock, valued at approximately $587,000.

A number of other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan U.S. Momentum Factor ETF by 15.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,633,460 shares of the company’s stock worth $655,662,000 after acquiring an additional 1,529,605 shares during the period. Blue Trust Inc. grew its position in shares of JPMorgan U.S. Momentum Factor ETF by 3.8% in the 1st quarter. Blue Trust Inc. now owns 4,141,628 shares of the company’s stock valued at $233,422,000 after buying an additional 153,337 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of JPMorgan U.S. Momentum Factor ETF in the 1st quarter worth $20,444,000. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 180.7% during the fourth quarter. JPMorgan Chase & Co. now owns 265,709 shares of the company’s stock worth $15,483,000 after buying an additional 171,043 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in JPMorgan U.S. Momentum Factor ETF by 10.3% in the fourth quarter. LPL Financial LLC now owns 241,063 shares of the company’s stock valued at $14,047,000 after purchasing an additional 22,576 shares during the period.

JPMorgan U.S. Momentum Factor ETF Stock Up 0.6%

JPMorgan U.S. Momentum Factor ETF stock opened at $64.43 on Friday. JPMorgan U.S. Momentum Factor ETF has a 52-week low of $48.68 and a 52-week high of $64.68. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 27.64 and a beta of 1.00. The firm has a 50-day moving average price of $62.16 and a two-hundred day moving average price of $59.53.

About JPMorgan U.S. 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.