JPMorgan U.S. Momentum Factor ETF $JMOM is ARQ Wealth Advisors LLC’s 4th Largest Position

ARQ Wealth Advisors LLC raised its holdings in shares of JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 8.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,864 shares of the company’s stock after acquiring an additional 13,930 shares during the quarter. JPMorgan U.S. Momentum Factor ETF makes up 2.3% of ARQ Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest holding. ARQ Wealth Advisors LLC’s holdings in JPMorgan U.S. Momentum Factor ETF were worth $12,828,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Asempa Wealth Advisors bought a new position in JPMorgan U.S. Momentum Factor ETF during the fourth quarter valued at approximately $515,000. Shore Point Advisors LLC grew its position in JPMorgan U.S. Momentum Factor ETF by 28.2% in the fourth quarter. Shore Point Advisors LLC now owns 637,108 shares of the company’s stock worth $43,419,000 after acquiring an additional 140,326 shares in the last quarter. Wealth Enhancement Trust Services Inc. acquired a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 4th quarter worth $753,000. Palumbo Wealth Management LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF during the 4th quarter valued at $1,360,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 16,222.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 904,112 shares of the company’s stock valued at $61,615,000 after purchasing an additional 898,573 shares in the last quarter.

JPMorgan U.S. Momentum Factor ETF Trading Down 0.2%

JPMorgan U.S. Momentum Factor ETF stock traded down $0.17 during mid-day trading on Friday, hitting $83.81. 62,968 shares of the company’s stock were exchanged, compared to its average volume of 110,146. JPMorgan U.S. Momentum Factor ETF has a 1-year low of $63.29 and a 1-year high of $85.64. The stock has a 50 day moving average of $81.71 and a two-hundred day moving average of $74.41. The stock has a market cap of $2.51 billion, a P/E ratio of 27.64 and a beta of 1.06.

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.