19,967 Shares in JPMorgan U.S. Momentum Factor ETF $JMOM Acquired by Contango Wealth Management LLC

Contango Wealth Management LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 19,967 shares of the company’s stock, valued at approximately $1,356,000. JPMorgan U.S. Momentum Factor ETF accounts for approximately 1.6% of Contango Wealth Management LLC’s holdings, making the stock its 17th largest position. Contango Wealth Management LLC owned approximately 0.07% of JPMorgan U.S. Momentum Factor ETF as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of JMOM. Federation des caisses Desjardins du Quebec bought a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the fourth quarter worth $39,000. Smartleaf Asset Management LLC lifted its position in JPMorgan U.S. Momentum Factor ETF by 334.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 687 shares of the company’s stock valued at $44,000 after acquiring an additional 529 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in JPMorgan U.S. Momentum Factor ETF in the 4th quarter valued at $53,000. National Bank of Canada FI acquired a new position in JPMorgan U.S. Momentum Factor ETF in the 3rd quarter worth $98,000. Finally, Fifth Third Bancorp boosted its stake in JPMorgan U.S. Momentum Factor ETF by 139.8% in the 1st quarter. Fifth Third Bancorp now owns 1,930 shares of the company’s stock worth $131,000 after purchasing an additional 1,125 shares during the period.

JPMorgan U.S. Momentum Factor ETF Stock Performance

JMOM stock opened at $80.84 on Monday. The stock has a 50-day moving average price of $82.48 and a two-hundred day moving average price of $75.73. JPMorgan U.S. Momentum Factor ETF has a 1 year low of $63.29 and a 1 year high of $85.64. The stock has a market cap of $2.51 billion, a PE ratio of 27.64 and a beta of 1.06.

JPMorgan U.S. 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.