Palumbo Wealth Management LLC Raises Stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Palumbo Wealth Management LLC boosted its position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,373 shares of the company’s stock after buying an additional 1,082 shares during the period. Palumbo Wealth Management LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $721,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in JPMorgan US Momentum Factor ETF by 0.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 94,666 shares of the company’s stock worth $5,408,000 after purchasing an additional 241 shares in the last quarter. Creative Planning boosted its position in JPMorgan US Momentum Factor ETF by 6.1% in the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock worth $269,000 after purchasing an additional 272 shares in the last quarter. Assetmark Inc. purchased a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter worth approximately $32,000. 17 Capital Partners LLC boosted its position in JPMorgan US Momentum Factor ETF by 8.6% in the 4th quarter. 17 Capital Partners LLC now owns 8,513 shares of the company’s stock worth $496,000 after purchasing an additional 677 shares in the last quarter. Finally, Fifth Third Securities Inc. boosted its position in JPMorgan US Momentum Factor ETF by 4.1% in the 4th quarter. Fifth Third Securities Inc. now owns 47,758 shares of the company’s stock worth $2,783,000 after purchasing an additional 1,867 shares in the last quarter.

JPMorgan US Momentum Factor ETF Trading Up 0.0 %

JPMorgan US Momentum Factor ETF stock opened at $62.45 on Friday. JPMorgan US Momentum Factor ETF has a 12 month low of $48.69 and a 12 month high of $62.61. The stock’s 50 day simple moving average is $60.40 and its two-hundred day simple moving average is $58.23. The firm has a market cap of $1.08 billion, a PE ratio of 23.45 and a beta of 1.03.

JPMorgan US Momentum Factor ETF 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.