Hershey Financial Advisers LLC Purchases Shares of 31,956 JPMorgan U.S. Momentum Factor ETF $JMOM

Hershey Financial Advisers LLC purchased a new stake in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 31,956 shares of the company’s stock, valued at approximately $2,170,000. JPMorgan U.S. Momentum Factor ETF comprises about 1.9% of Hershey Financial Advisers LLC’s portfolio, making the stock its 14th largest position.

Other large investors also recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec acquired a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the fourth quarter worth $39,000. Smartleaf Asset Management LLC increased its stake in JPMorgan U.S. Momentum Factor ETF by 334.8% in the second quarter. Smartleaf Asset Management LLC now owns 687 shares of the company’s stock valued at $44,000 after purchasing an additional 529 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in JPMorgan U.S. Momentum Factor ETF in the fourth quarter valued at $53,000. National Bank of Canada FI acquired a new position in JPMorgan U.S. Momentum Factor ETF in the third quarter valued at $98,000. Finally, Fifth Third Bancorp lifted its position in JPMorgan U.S. Momentum Factor ETF by 139.8% during the first quarter. Fifth Third Bancorp now owns 1,930 shares of the company’s stock worth $131,000 after buying an additional 1,125 shares during the period.

JPMorgan U.S. Momentum Factor ETF Trading Down 0.7%

NYSEARCA JMOM opened at $81.10 on Friday. The business’s 50-day moving average price is $82.15 and its 200 day moving average price is $74.86. JPMorgan U.S. Momentum Factor ETF has a twelve month low of $63.29 and a twelve month high of $85.64. The company has a market capitalization of $2.42 billion, a PE ratio of 27.64 and a beta of 1.06.

JPMorgan U.S. 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.