AWM Capital LLC Buys Shares of 3,444 JPMorgan U.S. Momentum Factor ETF $JMOM

AWM Capital LLC bought a new stake in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) in the second quarter, HoldingsChannel reports. The institutional investor bought 3,444 shares of the company’s stock, valued at approximately $221,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ROSS JOHNSON & Associates LLC acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 1st quarter worth $38,000. CWM LLC acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 1st quarter worth $45,000. Rossby Financial LCC acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 1st quarter worth $72,000. Legacy Wealth Managment LLC ID acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 1st quarter worth $88,000. Finally, Farther Finance Advisors LLC raised its stake in shares of JPMorgan U.S. Momentum Factor ETF by 43.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,677 shares of the company’s stock worth $95,000 after buying an additional 505 shares during the last quarter.

JPMorgan U.S. Momentum Factor ETF Stock Down 0.3%

NYSEARCA:JMOM opened at $67.81 on Monday. The company has a market capitalization of $1.67 billion, a PE ratio of 27.64 and a beta of 1.00. JPMorgan U.S. Momentum Factor ETF has a 52-week low of $48.68 and a 52-week high of $68.47. The stock has a fifty day simple moving average of $66.09 and a 200-day simple moving average of $61.93.

JPMorgan U.S. Momentum Factor ETF Company 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.