JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Shares Purchased by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC raised its position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 7.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 45,035 shares of the company’s stock after buying an additional 2,943 shares during the period. JPMorgan US Momentum Factor ETF comprises about 2.1% of Delos Wealth Advisors LLC’s portfolio, making the stock its 20th largest holding. Delos Wealth Advisors LLC owned approximately 0.26% of JPMorgan US Momentum Factor ETF worth $2,624,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. HighTower Advisors LLC boosted its stake in shares of JPMorgan US Momentum Factor ETF by 4.5% in the third quarter. HighTower Advisors LLC now owns 58,313 shares of the company’s stock worth $3,330,000 after acquiring an additional 2,500 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in JPMorgan US Momentum Factor ETF during the 3rd quarter worth $335,000. World Investment Advisors LLC purchased a new stake in shares of JPMorgan US Momentum Factor ETF during the third quarter worth $401,000. Synovus Financial Corp raised its position in shares of JPMorgan US Momentum Factor ETF by 118.8% in the third quarter. Synovus Financial Corp now owns 24,978 shares of the company’s stock valued at $1,427,000 after buying an additional 13,562 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of JPMorgan US Momentum Factor ETF by 0.3% in the third quarter. JPMorgan Chase & Co. now owns 94,666 shares of the company’s stock worth $5,408,000 after buying an additional 241 shares in the last quarter.

JPMorgan US Momentum Factor ETF Trading Down 1.8 %

Shares of NYSEARCA JMOM opened at $56.08 on Friday. The stock has a market cap of $1.28 billion, a PE ratio of 26.13 and a beta of 1.05. JPMorgan US Momentum Factor ETF has a 12-month low of $49.29 and a 12-month high of $62.61. The company has a 50-day moving average of $59.70 and a 200 day moving average of $59.15.

JPMorgan US Momentum Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.1127 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is a boost from JPMorgan US Momentum Factor ETF’s previous dividend of $0.11.

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.