Savant Capital LLC trimmed its position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM – Free Report) by 3.7% in the 2nd quarter, Holdings Channel reports. The firm owned 84,854 shares of the company’s stock after selling 3,252 shares during the period. Savant Capital LLC’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $5,455,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. ROSS JOHNSON & Associates LLC acquired a new stake in JPMorgan U.S. Momentum Factor ETF during the 1st quarter worth $38,000. CWM LLC purchased a new position in shares of JPMorgan U.S. Momentum Factor ETF in the first quarter worth about $45,000. Legacy Wealth Managment LLC ID acquired a new position in JPMorgan U.S. Momentum Factor ETF during the first quarter worth about $88,000. Ameritas Advisory Services LLC acquired a new position in JPMorgan U.S. Momentum Factor ETF during the second quarter worth about $177,000. Finally, Triumph Capital Management purchased a new stake in JPMorgan U.S. Momentum Factor ETF during the 2nd quarter valued at about $218,000.
JPMorgan U.S. Momentum Factor ETF Trading Up 0.5%
JMOM stock opened at $67.88 on Friday. The firm has a 50-day moving average of $67.61 and a two-hundred day moving average of $64.26. JPMorgan U.S. Momentum Factor ETF has a 12 month low of $48.68 and a 12 month high of $69.43. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 27.64 and a beta of 1.04.
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.
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Want to see what other hedge funds are holding JMOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM – Free Report).
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