RHS Financial LLC Sells 907 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

RHS Financial LLC trimmed its holdings in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 15.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,009 shares of the company’s stock after selling 907 shares during the quarter. RHS Financial LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $292,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of JMOM. Creative Planning boosted its holdings in shares of JPMorgan US Momentum Factor ETF by 6.1% in the third quarter. Creative Planning now owns 4,716 shares of the company’s stock valued at $269,000 after buying an additional 272 shares during the period. JPMorgan Chase & Co. lifted its position in JPMorgan US Momentum Factor ETF by 0.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 94,666 shares of the company’s stock valued at $5,408,000 after acquiring an additional 241 shares in the last quarter. Cetera Investment Advisers boosted its stake in JPMorgan US Momentum Factor ETF by 5.9% in the 2nd quarter. Cetera Investment Advisers now owns 39,646 shares of the company’s stock worth $2,125,000 after purchasing an additional 2,194 shares during the period. Assetmark Inc. bought a new position in JPMorgan US Momentum Factor ETF during the 3rd quarter worth about $32,000. Finally, Dynamic Advisor Solutions LLC acquired a new stake in shares of JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $240,000.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JPMorgan US Momentum Factor ETF stock opened at $61.44 on Friday. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a one year low of $47.13 and a one year high of $62.26. The stock’s 50-day moving average is $60.30 and its 200-day moving average is $57.63.

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.