Hershey Financial Advisers LLC Makes New Investment in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Hershey Financial Advisers LLC bought a new position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 7,958 shares of the company’s stock, valued at approximately $464,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. AWM Capital LLC acquired a new position in JPMorgan US Momentum Factor ETF in the 4th quarter worth about $201,000. VisionPoint Advisory Group LLC acquired a new position in JPMorgan US Momentum Factor ETF in the 4th quarter worth about $281,000. Johnson Investment Counsel Inc. acquired a new position in JPMorgan US Momentum Factor ETF in the 4th quarter worth about $309,000. Integrated Wealth Concepts LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $335,000. Finally, Dynamic Advisor Solutions LLC grew its position in shares of JPMorgan US Momentum Factor ETF by 47.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,175 shares of the company’s stock valued at $360,000 after buying an additional 1,975 shares during the last quarter.

JPMorgan US Momentum Factor ETF Trading Down 0.1 %

NYSEARCA JMOM opened at $57.14 on Monday. The business’s 50-day moving average price is $59.92 and its two-hundred day moving average price is $59.06. JPMorgan US Momentum Factor ETF has a 12 month low of $49.29 and a 12 month high of $62.61. The firm has a market capitalization of $1.30 billion, a PE ratio of 25.73 and a beta of 1.05.

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.