Delos Wealth Advisors LLC Lowers Holdings in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Delos Wealth Advisors LLC decreased its holdings in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 4.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,871 shares of the company’s stock after selling 1,136 shares during the quarter. JPMorgan US Momentum Factor ETF comprises 1.4% of Delos Wealth Advisors LLC’s holdings, making the stock its 24th largest holding. Delos Wealth Advisors LLC owned approximately 0.33% of JPMorgan US Momentum Factor ETF worth $1,000,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westover Capital Advisors LLC purchased a new stake in shares of JPMorgan US Momentum Factor ETF in the 4th quarter valued at $239,000. Great Valley Advisor Group Inc. boosted its stake in shares of JPMorgan US Momentum Factor ETF by 78.1% in the fourth quarter. Great Valley Advisor Group Inc. now owns 51,201 shares of the company’s stock valued at $2,340,000 after purchasing an additional 22,453 shares during the period. Savant Capital LLC grew its holdings in shares of JPMorgan US Momentum Factor ETF by 14.1% in the fourth quarter. Savant Capital LLC now owns 111,239 shares of the company’s stock valued at $5,085,000 after purchasing an additional 13,765 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new stake in JPMorgan US Momentum Factor ETF during the 4th quarter worth approximately $4,341,000. Finally, Cassia Capital Partners LLC lifted its holdings in JPMorgan US Momentum Factor ETF by 159.2% during the 4th quarter. Cassia Capital Partners LLC now owns 104,255 shares of the company’s stock worth $4,766,000 after buying an additional 64,040 shares in the last quarter.

JPMorgan US Momentum Factor ETF Stock Up 0.8 %

JPMorgan US Momentum Factor ETF stock traded up $0.41 during midday trading on Thursday, reaching $51.83. The company’s stock had a trading volume of 95,843 shares, compared to its average volume of 126,558. The business has a 50-day simple moving average of $51.43 and a 200-day simple moving average of $47.42. The company has a market cap of $875.93 million, a P/E ratio of 22.87 and a beta of 1.01. JPMorgan US Momentum Factor ETF has a fifty-two week low of $38.92 and a fifty-two week high of $52.95.

JPMorgan US 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.