JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Shares Sold by Intrust Bank NA

Intrust Bank NA lessened its position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 55,074 shares of the company’s stock after selling 1,870 shares during the period. Intrust Bank NA owned approximately 0.32% of JPMorgan US Momentum Factor ETF worth $3,209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AWM Capital LLC purchased a new stake in shares of JPMorgan US Momentum Factor ETF in the fourth quarter valued at approximately $201,000. VisionPoint Advisory Group LLC acquired a new stake in JPMorgan US Momentum Factor ETF in the fourth quarter valued at $281,000. Johnson Investment Counsel Inc. purchased a new stake in shares of JPMorgan US Momentum Factor ETF during the 4th quarter worth $309,000. Integrated Wealth Concepts LLC acquired a new position in shares of JPMorgan US Momentum Factor ETF during the 3rd quarter worth $335,000. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of JPMorgan US Momentum Factor ETF by 47.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,175 shares of the company’s stock valued at $360,000 after purchasing an additional 1,975 shares in the last quarter.

JPMorgan US Momentum Factor ETF Stock Down 1.8 %

Shares of NYSEARCA JMOM opened at $56.08 on Friday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 26.13 and a beta of 1.05. JPMorgan US Momentum Factor ETF has a 52 week low of $49.29 and a 52 week high of $62.61. The firm has a 50-day moving average price of $59.70 and a 200 day moving average price of $59.12.

JPMorgan US Momentum Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.1127 per share. This is an increase from JPMorgan US Momentum Factor ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Tuesday, March 25th.

JPMorgan US Momentum Factor ETF 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.