JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) is Klaas Financial Asset Advisors LLC’s 8th Largest Position

Klaas Financial Asset Advisors LLC raised its position in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 423,844 shares of the company’s stock after buying an additional 1,961 shares during the period. JPMorgan US Momentum Factor ETF accounts for 4.3% of Klaas Financial Asset Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Klaas Financial Asset Advisors LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $24,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in JMOM. Blue Trust Inc. lifted its position in shares of JPMorgan US Momentum Factor ETF by 22.6% in the fourth quarter. Blue Trust Inc. now owns 3,916,100 shares of the company’s stock worth $223,727,000 after buying an additional 722,378 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in JPMorgan US Momentum Factor ETF by 47.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 6,175 shares of the company’s stock worth $360,000 after purchasing an additional 1,975 shares during the period. Ballentine Partners LLC acquired a new position in JPMorgan US Momentum Factor ETF during the fourth quarter valued at approximately $939,000. JPMorgan Chase & Co. raised its position in shares of JPMorgan US Momentum Factor ETF by 0.3% in the third quarter. JPMorgan Chase & Co. now owns 94,666 shares of the company’s stock valued at $5,408,000 after purchasing an additional 241 shares during the period. Finally, Synovus Financial Corp lifted its stake in shares of JPMorgan US Momentum Factor ETF by 118.8% in the third quarter. Synovus Financial Corp now owns 24,978 shares of the company’s stock worth $1,427,000 after buying an additional 13,562 shares during the last quarter.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JMOM opened at $62.03 on Monday. JPMorgan US Momentum Factor ETF has a one year low of $47.10 and a one year high of $62.26. The company’s fifty day moving average price is $60.20 and its 200 day moving average price is $57.44. The company has a market capitalization of $1.07 billion, a PE ratio of 23.45 and a beta of 1.03.

About JPMorgan US 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.