Savant Capital LLC Sells 6,042 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Savant Capital LLC trimmed its holdings in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 5.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,630 shares of the company’s stock after selling 6,042 shares during the period. Savant Capital LLC’s holdings in JPMorgan US Momentum Factor ETF were worth $5,631,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. bought a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $32,000. Good Life Advisors LLC bought a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $204,000. Dynamic Advisor Solutions LLC bought a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $240,000. Creative Planning raised its stake in JPMorgan US Momentum Factor ETF by 6.1% in the 3rd quarter. Creative Planning now owns 4,716 shares of the company’s stock valued at $269,000 after acquiring an additional 272 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in JPMorgan US Momentum Factor ETF in the 3rd quarter valued at about $335,000.

JPMorgan US Momentum Factor ETF Stock Performance

Shares of JPMorgan US Momentum Factor ETF stock opened at $62.31 on Tuesday. JPMorgan US Momentum Factor ETF has a 52-week low of $48.48 and a 52-week high of $62.61. The stock’s 50-day simple moving average is $60.37 and its 200 day simple moving average is $58.01. The stock has a market capitalization of $1.07 billion, a P/E ratio of 23.45 and a beta of 1.03.

JPMorgan US 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.