JPMorgan U.S. Momentum Factor ETF $JMOM Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC increased its holdings in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 1,034.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 118,073 shares of the company’s stock after purchasing an additional 107,665 shares during the period. Corient Private Wealth LLC’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $8,047,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan U.S. Momentum Factor ETF by 2.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,246,694 shares of the company’s stock valued at $860,360,000 after buying an additional 350,687 shares during the last quarter. Blue Trust Inc. boosted its holdings in JPMorgan U.S. Momentum Factor ETF by 9.2% in the fourth quarter. Blue Trust Inc. now owns 4,683,934 shares of the company’s stock worth $319,210,000 after acquiring an additional 395,006 shares in the last quarter. Equitable Holdings Inc. grew its stake in shares of JPMorgan U.S. Momentum Factor ETF by 11.3% during the fourth quarter. Equitable Holdings Inc. now owns 1,109,250 shares of the company’s stock worth $75,595,000 after acquiring an additional 112,669 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of JPMorgan U.S. Momentum Factor ETF by 16,222.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 904,112 shares of the company’s stock worth $61,615,000 after acquiring an additional 898,573 shares during the last quarter. Finally, Shore Point Advisors LLC increased its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 28.2% during the fourth quarter. Shore Point Advisors LLC now owns 637,108 shares of the company’s stock valued at $43,419,000 after acquiring an additional 140,326 shares in the last quarter.

JPMorgan U.S. Momentum Factor ETF Stock Down 0.1%

JMOM opened at $82.71 on Thursday. The company has a market cap of $2.37 billion, a P/E ratio of 27.64 and a beta of 1.07. The firm’s 50-day moving average price is $79.55 and its 200-day moving average price is $73.17. JPMorgan U.S. Momentum Factor ETF has a 52-week low of $62.71 and a 52-week high of $85.09.

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.