Strategic Financial Services Inc. Has $2.09 Million Stock Holdings in JPMorgan U.S. Momentum Factor ETF $JMOM

Strategic Financial Services Inc. lessened its position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 1.8% during the 1st quarter, HoldingsChannel reports. The fund owned 37,092 shares of the company’s stock after selling 695 shares during the quarter. Strategic Financial Services Inc.’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $2,091,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Belpointe Asset Management LLC acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the first quarter valued at $680,000. Jane Street Group LLC acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the first quarter valued at $1,790,000. ROSS JOHNSON & Associates LLC acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the first quarter valued at $38,000. Legacy Wealth Managment LLC ID acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the first quarter valued at $88,000. Finally, Integrated Wealth Concepts LLC lifted its stake in shares of JPMorgan U.S. Momentum Factor ETF by 7.0% during the first quarter. Integrated Wealth Concepts LLC now owns 186,912 shares of the company’s stock valued at $10,534,000 after acquiring an additional 12,275 shares during the period.

JPMorgan U.S. Momentum Factor ETF Stock Up 0.8%

Shares of JMOM opened at $67.20 on Thursday. The stock’s fifty day simple moving average is $64.95 and its 200-day simple moving average is $60.70. The firm has a market capitalization of $1.64 billion, a PE ratio of 27.64 and a beta of 1.00. JPMorgan U.S. Momentum Factor ETF has a 12-month low of $48.68 and a 12-month high of $67.47.

JPMorgan U.S. 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.