Kathmere Capital Management LLC Decreases Holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Kathmere Capital Management LLC reduced its stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 4.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 61,657 shares of the company’s stock after selling 2,542 shares during the quarter. Kathmere Capital Management LLC owned 0.36% of JPMorgan US Momentum Factor ETF worth $3,593,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Creative Planning grew its position in shares of JPMorgan US Momentum Factor ETF by 6.1% during the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock valued at $269,000 after acquiring an additional 272 shares during the period. Cetera Investment Advisers grew its holdings in JPMorgan US Momentum Factor ETF by 5.9% during the second quarter. Cetera Investment Advisers now owns 39,646 shares of the company’s stock valued at $2,125,000 after purchasing an additional 2,194 shares during the period. Assetmark Inc. bought a new position in JPMorgan US Momentum Factor ETF during the third quarter valued at $32,000. Delos Wealth Advisors LLC increased its position in JPMorgan US Momentum Factor ETF by 11.0% in the second quarter. Delos Wealth Advisors LLC now owns 39,205 shares of the company’s stock worth $2,101,000 after buying an additional 3,896 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF in the third quarter valued at $240,000.

JPMorgan US Momentum Factor ETF Stock Performance

JMOM stock opened at $58.87 on Wednesday. JPMorgan US Momentum Factor ETF has a fifty-two week low of $45.48 and a fifty-two week high of $62.20. The stock has a fifty day moving average of $60.05 and a 200-day moving average of $57.04. The company has a market capitalization of $1.02 billion, a price-to-earnings 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.