5T Wealth LLC Invests $567,000 in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

5T Wealth LLC purchased a new position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,728 shares of the company’s stock, valued at approximately $567,000.

A number of other large investors also recently bought and sold shares of JMOM. Assetmark Inc. acquired a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter worth about $32,000. Good Life Advisors LLC acquired a new position in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $204,000. Creative Planning increased its holdings in shares of JPMorgan US Momentum Factor ETF by 6.1% during the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock worth $269,000 after buying an additional 272 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in JPMorgan US Momentum Factor ETF in the third quarter valued at approximately $335,000. Finally, Dynamic Advisor Solutions LLC grew its position in JPMorgan US Momentum Factor ETF by 47.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 6,175 shares of the company’s stock worth $360,000 after acquiring an additional 1,975 shares during the period.

JPMorgan US Momentum Factor ETF Stock Up 0.0 %

NYSEARCA:JMOM opened at $62.45 on Monday. JPMorgan US Momentum Factor ETF has a 52 week low of $48.69 and a 52 week high of $62.61. The stock’s fifty day moving average is $60.40 and its two-hundred day moving average is $58.25. The company has a market capitalization of $1.08 billion, a P/E ratio of 23.45 and a beta of 1.03.

About JPMorgan US 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.