Westover Capital Advisors LLC Sells 5,485 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Westover Capital Advisors LLC reduced its holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 48.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,869 shares of the company’s stock after selling 5,485 shares during the period. Westover Capital Advisors LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $342,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Assetmark Inc. bought a new position in shares of JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $32,000. AWM Capital LLC purchased a new stake in JPMorgan US Momentum Factor ETF during the fourth quarter valued at approximately $201,000. Creative Planning lifted its stake in shares of JPMorgan US Momentum Factor ETF by 6.1% in the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock valued at $269,000 after purchasing an additional 272 shares during the last quarter. VisionPoint Advisory Group LLC purchased a new position in shares of JPMorgan US Momentum Factor ETF in the 4th quarter worth approximately $281,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of JPMorgan US Momentum Factor ETF during the 3rd quarter valued at approximately $335,000.

JPMorgan US Momentum Factor ETF Stock Performance

NYSEARCA:JMOM opened at $58.83 on Tuesday. The stock’s fifty day moving average is $60.53 and its 200 day moving average is $58.85. The firm has a market capitalization of $1.34 billion, a PE ratio of 27.36 and a beta of 1.05. JPMorgan US Momentum Factor ETF has a fifty-two week low of $49.29 and a fifty-two week high of $62.61.

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.