JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Stock Holdings Decreased by Cassia Capital Partners LLC

Cassia Capital Partners LLC lessened its position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 1.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 139,064 shares of the company’s stock after selling 2,103 shares during the quarter. JPMorgan US Momentum Factor ETF makes up about 5.2% of Cassia Capital Partners LLC’s holdings, making the stock its 8th biggest holding. Cassia Capital Partners LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $8,103,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. purchased a new position in JPMorgan US Momentum Factor ETF during the 3rd quarter valued at about $32,000. Good Life Advisors LLC acquired a new stake in shares of JPMorgan US Momentum Factor ETF during the third quarter worth approximately $204,000. Dynamic Advisor Solutions LLC purchased a new position in JPMorgan US Momentum Factor ETF during the third quarter valued at approximately $240,000. Creative Planning grew its position in JPMorgan US Momentum Factor ETF by 6.1% during the third quarter. Creative Planning now owns 4,716 shares of the company’s stock valued at $269,000 after purchasing an additional 272 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at approximately $335,000.

JPMorgan US Momentum Factor ETF Stock Up 0.3 %

Shares of NYSEARCA:JMOM opened at $61.40 on Wednesday. The firm has a fifty day moving average of $60.30 and a two-hundred day moving average of $57.77. JPMorgan US Momentum Factor ETF has a 12-month low of $48.08 and a 12-month high of $62.26. The firm has a market capitalization of $1.06 billion, a P/E 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.