Daymark Wealth Partners LLC Reduces Stock Position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Daymark Wealth Partners LLC trimmed its holdings in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,424 shares of the company’s stock after selling 265 shares during the quarter. Daymark Wealth Partners LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $491,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Assetmark Inc. bought a new position in JPMorgan US Momentum Factor ETF during the 3rd quarter valued at about $32,000. Good Life Advisors LLC purchased a new stake in shares of JPMorgan US Momentum Factor ETF in the third quarter worth approximately $204,000. Dynamic Advisor Solutions LLC bought a new stake in shares of JPMorgan US Momentum Factor ETF during the 3rd quarter worth approximately $240,000. Creative Planning boosted its holdings in JPMorgan US Momentum Factor ETF by 6.1% during the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock valued at $269,000 after acquiring an additional 272 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at $335,000.

JPMorgan US Momentum Factor ETF Trading Up 0.5 %

NYSEARCA:JMOM opened at $62.13 on Friday. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a twelve month low of $47.04 and a twelve month high of $62.20. The stock has a fifty day simple moving average of $60.14 and a 200-day simple moving average of $57.34.

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.