Daymark Wealth Partners LLC Cuts Stock Position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Daymark Wealth Partners LLC trimmed its stake in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,424 shares of the company’s stock after selling 265 shares during the period. Daymark Wealth Partners LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $491,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan US Momentum Factor ETF by 8.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,619,219 shares of the company’s stock worth $549,546,000 after buying an additional 776,455 shares during the last quarter. Blue Trust Inc. lifted its position in shares of JPMorgan US Momentum Factor ETF by 1.7% in the third quarter. Blue Trust Inc. now owns 3,193,722 shares of the company’s stock valued at $171,179,000 after acquiring an additional 53,566 shares in the last quarter. Klaas Financial Asset Advisors LLC boosted its stake in shares of JPMorgan US Momentum Factor ETF by 2.4% in the third quarter. Klaas Financial Asset Advisors LLC now owns 421,883 shares of the company’s stock worth $24,102,000 after acquiring an additional 9,717 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in JPMorgan US Momentum Factor ETF by 0.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 141,062 shares of the company’s stock valued at $8,059,000 after purchasing an additional 931 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its holdings in JPMorgan US Momentum Factor ETF by 25.7% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 110,279 shares of the company’s stock valued at $6,300,000 after purchasing an additional 22,521 shares in the last quarter.

JPMorgan US Momentum Factor ETF Stock Up 0.5 %

Shares of JMOM opened at $62.13 on Friday. The firm’s fifty day moving average is $60.14 and its two-hundred day moving average is $57.34. The stock has a market cap of $1.07 billion, a PE ratio of 23.45 and a beta of 1.03. JPMorgan US Momentum Factor ETF has a 52-week low of $47.04 and a 52-week high of $62.20.

JPMorgan US 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.