JPMorgan U.S. Momentum Factor ETF $JMOM is Blue Trust Inc.’s 10th Largest Position

Blue Trust Inc. boosted its position in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 9.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,683,934 shares of the company’s stock after acquiring an additional 395,006 shares during the quarter. JPMorgan U.S. Momentum Factor ETF comprises about 3.6% of Blue Trust Inc.’s portfolio, making the stock its 10th largest position. Blue Trust Inc. owned about 18.07% of JPMorgan U.S. Momentum Factor ETF worth $319,210,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Brookwood Investment Group LLC raised its stake in shares of JPMorgan U.S. Momentum Factor ETF by 2.8% in the third quarter. Brookwood Investment Group LLC now owns 7,958 shares of the company’s stock worth $540,000 after purchasing an additional 213 shares during the last quarter. Mayflower Financial Advisors LLC boosted its position in JPMorgan U.S. Momentum Factor ETF by 2.7% in the fourth quarter. Mayflower Financial Advisors LLC now owns 8,668 shares of the company’s stock valued at $591,000 after buying an additional 229 shares during the last quarter. Advisory Services Network LLC increased its holdings in JPMorgan U.S. Momentum Factor ETF by 1.7% in the 2nd quarter. Advisory Services Network LLC now owns 15,124 shares of the company’s stock worth $979,000 after buying an additional 251 shares during the period. Castleview Partners LLC increased its holdings in JPMorgan U.S. Momentum Factor ETF by 5.7% in the 4th quarter. Castleview Partners LLC now owns 4,785 shares of the company’s stock worth $326,000 after buying an additional 259 shares during the period. Finally, Centaurus Financial Inc. raised its position in JPMorgan U.S. Momentum Factor ETF by 3.1% during the 3rd quarter. Centaurus Financial Inc. now owns 8,605 shares of the company’s stock worth $584,000 after buying an additional 260 shares during the last quarter.

JPMorgan U.S. Momentum Factor ETF Trading Up 1.3%

Shares of NYSEARCA JMOM opened at $68.81 on Thursday. JPMorgan U.S. Momentum Factor ETF has a 12 month low of $48.68 and a 12 month high of $71.65. The company has a 50 day simple moving average of $69.84 and a two-hundred day simple moving average of $68.88. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 27.64 and a beta of 1.04.

About JPMorgan U.S. 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.