JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $85.70 and last traded at $85.64, with a volume of 8092 shares. The stock had previously closed at $84.87.
JPMorgan U.S. Momentum Factor ETF Trading Up 0.0%
The stock has a market capitalization of $2.65 billion, a P/E ratio of 27.64 and a beta of 1.06. The business has a 50-day moving average price of $82.88 and a 200 day moving average price of $76.66.
Hedge Funds Weigh In On JPMorgan U.S. Momentum Factor ETF
Institutional investors have recently bought and sold shares of the business. Federation des caisses Desjardins du Quebec bought a new stake in shares of JPMorgan U.S. Momentum Factor ETF in the 4th quarter worth about $39,000. Smartleaf Asset Management LLC grew its position in JPMorgan U.S. Momentum Factor ETF by 334.8% in the second quarter. Smartleaf Asset Management LLC now owns 687 shares of the company’s stock worth $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 during the fourth quarter worth approximately $53,000. National Bank of Canada FI bought a new stake in JPMorgan U.S. Momentum Factor ETF during the third quarter worth approximately $98,000. Finally, Fifth Third Bancorp raised its position in JPMorgan U.S. Momentum Factor ETF by 139.8% during the first quarter. Fifth Third Bancorp now owns 1,930 shares of the company’s stock valued at $131,000 after purchasing an additional 1,125 shares during the period.
About JPMorgan U.S. Momentum Factor ETF
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.
Further Reading
- Five stocks we like better than JPMorgan U.S. Momentum Factor ETF
- MarketBeat Week in Review – 08/10 – 08/14
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
Receive News & Ratings for JPMorgan U.S. Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
