JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Shares Bought by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC grew its position in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 7.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,035 shares of the company’s stock after purchasing an additional 2,943 shares during the period. JPMorgan US Momentum Factor ETF accounts for 2.1% of Delos Wealth Advisors LLC’s holdings, making the stock its 20th largest position. Delos Wealth Advisors LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $2,624,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Orion Portfolio Solutions LLC grew its position in JPMorgan US Momentum Factor ETF by 8.0% in the fourth quarter. Orion Portfolio Solutions LLC now owns 63,762 shares of the company’s stock worth $3,715,000 after acquiring an additional 4,722 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan US Momentum Factor ETF by 180.7% during the 4th quarter. JPMorgan Chase & Co. now owns 265,709 shares of the company’s stock worth $15,483,000 after purchasing an additional 171,043 shares during the period. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan US Momentum Factor ETF during the 4th quarter worth $464,000. LPL Financial LLC increased its position in shares of JPMorgan US Momentum Factor ETF by 10.3% during the 4th quarter. LPL Financial LLC now owns 241,063 shares of the company’s stock worth $14,047,000 after purchasing an additional 22,576 shares during the last quarter. Finally, Oxford Financial Group LTD. LLC purchased a new stake in JPMorgan US Momentum Factor ETF in the 4th quarter valued at about $376,000.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JMOM stock opened at $56.08 on Friday. The company has a 50-day moving average of $59.70 and a two-hundred day moving average of $59.15. The firm has a market cap of $1.28 billion, a PE ratio of 26.13 and a beta of 1.05. JPMorgan US Momentum Factor ETF has a 1-year low of $49.29 and a 1-year high of $62.61.

JPMorgan US Momentum Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.1127 dividend. The ex-dividend date was Tuesday, March 25th. This is an increase from JPMorgan US Momentum Factor ETF’s previous dividend of $0.11.

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.