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

5T Wealth LLC acquired a new stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,728 shares of the company’s stock, valued at approximately $567,000. 5T Wealth LLC owned about 0.06% of JPMorgan US Momentum Factor ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of JMOM. Palumbo Wealth Management LLC lifted its position in JPMorgan US Momentum Factor ETF by 9.6% in the fourth quarter. Palumbo Wealth Management LLC now owns 12,373 shares of the company’s stock worth $721,000 after buying an additional 1,082 shares during the last quarter. Blue Trust Inc. grew its holdings in JPMorgan US Momentum Factor ETF by 24.9% during the 4th quarter. Blue Trust Inc. now owns 3,988,291 shares of the company’s stock valued at $232,398,000 after purchasing an additional 794,569 shares during the last quarter. 17 Capital Partners LLC raised its position in JPMorgan US Momentum Factor ETF by 8.6% in the 4th quarter. 17 Capital Partners LLC now owns 8,513 shares of the company’s stock worth $496,000 after purchasing an additional 677 shares during the period. Fifth Third Securities Inc. lifted its stake in JPMorgan US Momentum Factor ETF by 4.1% in the fourth quarter. Fifth Third Securities Inc. now owns 47,758 shares of the company’s stock worth $2,783,000 after purchasing an additional 1,867 shares during the last quarter. Finally, Foundations Investment Advisors LLC purchased a new position in shares of JPMorgan US Momentum Factor ETF during the fourth quarter valued at approximately $2,008,000.

JPMorgan US Momentum Factor ETF Stock Performance

Shares of NYSEARCA JMOM opened at $62.45 on Monday. JPMorgan US Momentum Factor ETF has a fifty-two week low of $48.69 and a fifty-two week high of $62.61. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 23.45 and a beta of 1.03. The business’s 50 day moving average price is $60.40 and its 200-day moving average price is $58.25.

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.