Klaas Financial Asset Advisors LLC Buys 1,961 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Klaas Financial Asset Advisors LLC boosted its position in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 423,844 shares of the company’s stock after purchasing an additional 1,961 shares during the period. JPMorgan US Momentum Factor ETF makes up 4.3% of Klaas Financial Asset Advisors LLC’s portfolio, making the stock its 8th biggest position. Klaas Financial Asset Advisors LLC owned 2.46% of JPMorgan US Momentum Factor ETF worth $24,697,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of JMOM. Patten Group Inc. increased its position in shares of JPMorgan US Momentum Factor ETF by 2.3% in the 3rd quarter. Patten Group Inc. now owns 8,753 shares of the company’s stock worth $500,000 after purchasing an additional 195 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of 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 acquiring an additional 241 shares in the last quarter. Creative Planning raised 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 in the last quarter. Palumbo Wealth Management LLC boosted its holdings in JPMorgan US Momentum Factor ETF by 2.7% in the third quarter. Palumbo Wealth Management LLC now owns 11,291 shares of the company’s stock worth $645,000 after purchasing an additional 302 shares during the period. Finally, Assetmark Inc. acquired a new position in shares of JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $32,000.

JPMorgan US Momentum Factor ETF Stock Down 0.2 %

Shares of JMOM stock opened at $62.03 on Monday. JPMorgan US Momentum Factor ETF has a 52 week low of $47.10 and a 52 week high of $62.26. The company has a market cap of $1.07 billion, a P/E ratio of 23.45 and a beta of 1.03. The business has a 50 day moving average of $60.20 and a two-hundred day moving average of $57.44.

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.