Blue Trust Inc. Has $323.81 Million Holdings in JPMorgan U.S. Momentum Factor ETF $JMOM

Blue Trust Inc. increased its holdings in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) by 1.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,767,446 shares of the company’s stock after buying an additional 83,512 shares during the period. JPMorgan U.S. Momentum Factor ETF accounts for approximately 3.7% of Blue Trust Inc.’s portfolio, making the stock its 10th largest holding. Blue Trust Inc. owned approximately 16.82% of JPMorgan U.S. Momentum Factor ETF worth $323,805,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec bought a new stake in shares of JPMorgan U.S. Momentum Factor ETF during the 4th quarter valued at about $39,000. Smartleaf Asset Management LLC increased its position in shares of JPMorgan U.S. Momentum Factor ETF by 334.8% in the second quarter. Smartleaf Asset Management LLC now owns 687 shares of the company’s stock worth $44,000 after purchasing an additional 529 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of JPMorgan U.S. Momentum Factor ETF in the fourth quarter worth approximately $53,000. Fifth Third Bancorp purchased a new stake in JPMorgan U.S. Momentum Factor ETF in the third quarter valued at approximately $55,000. Finally, National Bank of Canada FI purchased a new stake in JPMorgan U.S. Momentum Factor ETF in the third quarter valued at approximately $98,000.

JPMorgan U.S. Momentum Factor ETF Price Performance

Shares of JPMorgan U.S. Momentum Factor ETF stock opened at $82.71 on Thursday. JPMorgan U.S. Momentum Factor ETF has a 1 year low of $62.71 and a 1 year high of $85.09. The firm has a market cap of $2.37 billion, a PE ratio of 27.64 and a beta of 1.07. The company has a 50 day simple moving average of $79.55 and a two-hundred day simple moving average of $73.17.

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.